This 11 year old apartment comprises a studio unit downstairs, currently rented for $340 per week, with the large upstairs apartment rented for $370 – an excellent yield form these easy-to-rent units.
Ideally situated in the Broadwater precinct of Southport, a mere 150 metres from the Broadwater Parklands light rail, and right across the road from Woolworths, a pharmacy, dentist and doctor, not to mention the 7 restaurants and cafes.
This multi-cultural precinct is a delight to live in and is a sought after location by students, retirees and younger couples.
Purchasing this property gives you a great cash-flow which is hard to see faltering in the short to medium term.