1/89 Powell Street

Modern, fresh and inviting solid masonry block unit located within a very neat and tidy complex of four units in total. Located within an easy walk of both the CBD and the beach, this property is ideally suited to both the investor market as well as people looking for a low maintenance and affordable place to call home. Currently this property is rented for $375 per week with a lease expiring 10/08/2026. There is instant income for investors that make this property a very easy assets to add to your portfolio. The owners have completed a renovation here a few years ago to include fresh paintwork, new kitchen with stone bench tops, updated bathroom as well as upgrades to the laundry with the additional of new storage cabinetry and new tiled flooring throughout. There is a single carport attached to the unit on one side and a small courtyard space on the other side of the property. The unit presents exceptionally well with no maintenance required. The whole complex has also recently had a new roof fitted. THE FIGURES: Body Corp fees: $868.75 per quarter Rates: $2082 per half year approx Rental Return: $375 per week Lease Expiry Date: 10/08/2026 Be sure to add this property to your favourites, this property will impress upon your personal viewing.