Great buying with an amazing return
Originally constructed as a 44-bed nursing home, this unique complex has since been transformed, with each apartment now individually Strata Titled.
Tucked away at the rear of the building on the ground floor, this well-presented studio apartment is an ideal low-maintenance opportunity. Inside, you’ll find a practical kitchenette, a private bathroom with shower, vanity, and toilet, plus fresh paint, new carpet, a brand-new split system, and built-in robes for ample storage. A large sliding glass door opens to a quiet, grassed area – perfect for enjoying the outdoors in peace.
The secure building features coded entry and CCTV and offers residents access to generous shared amenities including lounge and dining rooms, multiple chat areas, a shared kitchen, card-swipe laundry, beautifully maintained gardens, and off-street parking. Gas and electricity are included in the Owners Corporation fees, keeping living costs simple.
Currently leased at $300 per week on a short-term tenancy, this property presents a fantastic investment or affordable home in a unique, well-managed setting.
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$3,078
Estimated monthly repayments based on advertised price of $130000.
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