Add to your portfolio with this one-bedroom, fully furnished serviced apartment in a highly sought-after CBD location. The apartment is securely leased and managed by Adina Hotels and enjoys a guaranteed income stream with an impressive 7.34% return over the last financial year. The apartment features a spacious layout with a combined lounge and dining area, a modern kitchen that includes a dishwasher, oven, rangehood and electric stovetop. It includes modern furnishings in the bedroom and main living area. The apartment is rounded out with a spacious south facing balcony. The hotel also enjoys a range of facilities including a pool, sauna, gym, concierge, secure intercom entry and an allocated basement car space. Positioned in a central CBD location, this apartment is a flat level walk to Wollongong’s world class beaches, vibrant dining, WIN entertainment precinct, gorgeous harbour and CBD shopping. Priced at $340,000, this is an exceptional opportunity to own a low-maintenance investment with strong historical performance in one of Wollongong’s most desirable lifestyle locations. Please note: This property is for investment purposes only and must remain in the Adina serviced apartment pool. There are no private rental or owner-occupied options available. Rates Council | $237.27 p/q aprrox Water | $10.63 + usage p/q approx Strata | $937.20 p/q approx
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