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Apartment
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for sale
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Two Apartments. One Title. $460,000
Targa
· 2 Bedrooms · 2 Baths · Apartment
· Equipped kitchen
Targa · 2 Bedrooms · 2 Baths · Apartment · Equipped kitchen
Where else can you secure two fully self-contained CBD apartments on one title for just $460,000 - already leased and producing immediate income? Positioned high on Level 3 of Central Apartments, 303/16 Paterson Street offers a rare dual-key investment comprising a spacious one-bedroom apartment plus a completely separate hotel-style studio. Both apartments feature their own kitchen facilities, private bathroom and comfortable living accommodation, creating two distinct income-producing spaces within one exceptionally versatile property. Currently operating as serviced accommodation under a lease extending until 2027, the property offers investors immediate income without the usual day-to-day demands of managing tenants, cleaning, bookings or individual vacancies. Now returning $2,904.45 per month, or approximately $34,853 per annum in base rental income, the numbers make this CBD investment particularly worthy of attention. Based on the recurring management costs and most recent maint
Where else can you secure two fully self-contained CBD apartments on one title for just $460,000 - already leased and producing immediate income? Positioned high on Level 3 of Central Apartments, 303/16 Paterson Street offers a rare dual-key investment comprising a spacious one-bedroom apartment plus a completely separate hotel-style studio. Both apartments feature their own kitchen facilities, private bathroom and comfortable living accommodation, creating two distinct income-producing spaces within one exceptionally versatile property. Currently operating as serviced accommodation under a lease extending until 2027, the property offers investors immediate income without the usual day-to-day demands of managing tenants, cleaning, bookings or individual vacancies. Now returning $2,904.45 per month, or approximately $34,853 per annum in base rental income, the numbers make this CBD investment particularly worthy of attention. Based on the recurring management costs and most recent maint
Request Details