Located across the road to Hampton Station, with car park, and also surrounded by free all day parking, here is an investment that literally pays for itself. Let at $330 per week, this property will return the astute investor a yield of approx 5.0%. That is better than money in the bank even before you take the tax effective depreciation benefits of a near new property into account.
This superb third floor, security-entrance, one bedroom apartment, will always be in demand from renters with its blue-chip location adjacent to transport and all the amenities of Hampton Village at its doorstep, and beach just a 5 minute stroll. Fully appointed with inbuilt integrated refrigerator, stainless steel European appliances, reverse cycle heating/cooling, dishwasher, and even microwave and range-hood, this airy apartment, with its own balcony, underground car park, bike parking and storage cage is a set-and-forget investment. Cash flow now and capital growth in the years to come from this Class A location.
Features:
Modern finishes and Miele appliances
Third floor with views, and offering great security
Superb location adjacent to Railway Station and Hampton Street shopping precinct
Outdoor sun drenched balcony
Substantial tax-advantaged benefits (seek independent advice)
5.0% return
Rates – $765.40 PA
Body Corp – $1659.00 PA
Sinking Fund for building maintenance $1337 PA ( Internal Painting, Hall Carpets)
Total area 61m2 approx including Balcony, Storage Cage and Car Park.
Floor area internally 37m2 approx.
Floor area with Balcony 45m2 approx( all on title)
Call now for a private appointment