Move In or Continue to Reap Exceptional Returns

Now available to Owner Occupiers and First Home buyers is this extremely large 1 bedroom apartment, situated on the 1st floor of this low rise, boutique complex of only 12 apartments.
With ideal position facing North, providing plenty of natural light.
Featuring a BIG open plan providing plenty of room to move leading to an excellent sized private balcony.
Modern kitchen with stone benches, stainless steel appliances (including gas cooking) and glass splashbacks.
Double bedroom with built in robes and natural light.
Study desk area, European style laundry, heating, cooling and a secure basement car space on title.
Currently ran under the short stay Summer Inn Apartments, but it has been agreed to end this current lease to allow owner occupiers to move in.

(NOTE: the apartment is so large, there is also the possibility to convert this apartment to a 2 bedroom Subject to Council approval)

Or Investors stay in the current lease.
Existing 5 year lease commencing on the 9th October 2017 (expiring in 2022) returning $449.70 per week, with agreed 4% increases annually. Having NO vacancy periods or letting fees, this apartment is a safe and ideal investment.

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