INVESTORS PLEASE NOTE even borrowing 100% of the money this property could be positively geared at a net return of 4.03% after rates and body corp and with some banks now offering 5 year fixed loans at 3.75% this property will definitely wash its own face.
137sqm, 2 Bedroom, 2 Bathroom apartment overlooking the pool. A modern low maintenance apartment with a long term tenant with a lease until Jan 2020. The apartment flows seamlessly from inside to out with a generous modern kitchen. The patio faces north and is very large but looks directly over the pool. Simply open the gate and down a few stairs and dive on in. The 25 metre pool is perfect for laps with a spa pool adjoining. Just a short stroll to the beach and restaurants.