Great Opportunity for Investors!

Lovely one bedroom ensuite apartment awaits the astute investor looking for a good bargain with low initial capital outlay. This is a very popular apartment currently tenanted at $310 per week, with good tenants wanting to stay. It is located on the 3rd floor of a 4-storey apartment complex and it comes with a secured internal access basement car park with remote control entry.
There is also a swimming pool and gym in the apartment complex.

Very convenient location - short walk to Kelston Shopping Mall, Countdown, eateries and lots of amenities. Easy access to city centre and motorways.

The apartment complex may be undergoing remediation due to cladding issues sometime next year. In place is a financial assistance package provided by the government towards the total remediation cost. Once remediated, the apartment complex will be like a new built with capital gain to be realised. Even after taking into account the cost of remediation, the final cost of the remediated apartment is still very attractive compared to the new apartments for sale currently on the market. Great opportunity to buy now at low price with high return and reap the capital gain after the apartment is remediated.

Be quick, do your sums, view and make an offer!