With a long-term tenant in place this modern top floor walk up two bed plus study apartment is a must to inspect for all property investors.
Located in the heart of Fairy Meadow close to all amenities, transport and Wollongong Universities Innovation Campus.
This modern apartment is airy and spacious and is located at the rear of this secure boutique complex. With a lovely north-west aspect the light filled space has multiple balconies that allow you to sit and relax whilst enjoying the mountain views.
With a positive rental yield of approximately 5.6% and a long term tenant in place this property is a must to inspect for the astute investor. Take advantage of the Federal and State Government funding provided with the National Rental Affordability Scheme (NRAS) and return a gross investment income of approximately $34,000 per annum.
Wollongong City Council Rates: $318.68 per quarter
Body Corporate/Strata Rates: $1086 per quarter
Sydney Water Rates: $225 per quarter (approximate)
This home is only available for viewing by private appointment, please call our office on 42263733 to book in a time.
From all of us at Peter Fitzgerald Real Estate, we wish you every success in your search for your home. If you would like more details on this home or to discuss one of the many other properties we have available please call or email us today.