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House for Sale in Braddon
THIS PRICE IS NOT A MISPRINT - A LONG TERM INVESTMENT OPPORTUNITY LIKE FEW OTHERS.
- 2 Beds
- 2 Baths
- 1 Car
Currently under management and leased until October 18th 2033, an exciting offering is presented to the long term investors seeking reliable rental returns and the potential for healthy long term capital gains.
If you have an eye for the future and appreciate that property investment is always best when adopting a long term view, this versatile and furnished fourth floor two bedroom/one bedroom studio floor plan is an noffering like few others.
The current lease is achieving a 4.24% net yield @ $22,067.20 per annum ($1,838.93 per month).
While currently ensuring a secure investment until October 2033, being embraced by morning sun and occupying the prized north east corner of the Mantra Apartments building, an enviable cosmopolitan lifestyle can be enjoyed afterwards, facilitating a desirable "lock and leave lifestyle" in the following years with potential for short stay rental opportunities.
Imagine a future where you could spend your mornings at one of the numerous nearby cafes or eateries; take leisurely strolls into the city to either work or play: or take full advantage of the vibrant nightlife entertainment of the neighbourhood, this lifestyle offered, commands broad appeal.
Rather than spending time looking for change for parking meters, why not enjoy a change to casual walks to places to meet friends and family?
Single security parking space
80m²
2,151.2m² / 0.53 acres
1 garage space
6
2
2
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