Discover this spacious, secure, and beautifully designed self-contained studio, perfectly suited for students or professionals seeking comfort and convenience in a quiet coastal neighbourhood.
This modern studio features:
* Private, lockable room
* Reverse-cycle air conditioning/heating
* Ensuite bathroom
* Kitchenette with bar fridge
Residents also have access to:
* Large, fully equipped shared kitchen
* Bright communal dining space
* Laundry facilities
* 24/7 CCTV in common areas for added security
Rent includes:
* Electricity
* Water
* Free Wi-Fi
Additional occupant:
* $70 per week applies for a second person
Lease options:
* 6-month or 12-month agreements available
A peaceful, modern sanctuary just moments from the beach-don’t miss out!
PLEASE NOTE: To register your interest for the property click on the email agent button and submit your details.
You will receive an automated response either advising of an inspection time or that we are in the process of allocating inspection times.
Built in 2020, this double storey, single property of 9 individually tenanted rooms currently generates cash flow of $150,800 in gross income – a yield of 9% plus. A market rental review would support increases for 7 of the 9 rooms to generate a gross income of $159,120 – a yield of 9.5%.
It is a passive investment being managed by The Hopkins Group .
The Property has all the required Class 1 B permits, and is fully compliant and registered with the Council.
This investment offers certainty of income, land tax exemption, and division 43 depreciation benefits.
The property is well located in the sort after bayside suburb of Seaford, within walking distance of the beach, shopping, cafes, parklands, and both the train and bus stations.
The property was designed and purpose built by industry leaders Modo, with high ceilings, a balcony or terrace and ensuites for all 9 rooms, with reverse cycle air conditioning and heating to each room.
All rooms have access to the central kitchen as well as a coin operated laundry facility in the building.
These high returns and capital growth potential make this a unique investment.
