Located in the middle of North Ward close to The Strand, cafes, shops and entertainment, location is a major factor in this property. This one bedroom self contained apartment comes fully furnished with a long term tenant who is very happy to stay on.

Perfect for Defence members, holiday rentals and fly in – fly out workers, do the number and you’ll see the great return.

* Fully tiled studio apartment
* Kitchenette with stainless steel appliances
* Complete furniture package
* Spacious bathroom with walk in shower
* Fully airconditioned
* Private patio with cool breezes
* Body Corp fees of $1,298 per half year
* Rates $562 per half year

With high demand for accommodation close to the city, and the arrival of more soldiers in January, this is the perfect option for your buy and hold strategy in real estate. With returns like this one, you will be well positioned when the market turns.