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118/7 Russell Street

Corrimal, NSW 2518, Australia
UNDER CONTRACT
1 bed 1 bath 1 car55m²

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About this property

Positioned in the heart of Corrimal, this modern apartment presents a compelling investment opportunity in a high-demand rental pocket. With strong tenant appeal driven by its central location and low-maintenance design. Set within a well-maintained complex, the apartment features a private balcony capturing escarpment and city views, while residents also enjoy access to a secure community garden with shaded areas and green space-enhancing long-term tenant retention and lifestyle appeal. * Currently leased at $560 per week instant return * Open plan living and dining with strong natural light and neutral finishes * Galley-style kitchen with stone benchtops and quality Bosch appliances * Generous master bedroom with built-in wardrobe * Secure car space within the complex * Walk-to-everything location shops, cafes and public transport at your doorstep With Corrimal continuing to see consistent rental demand and limited quality stock, this is a smart addition to any portfolio with both immediate yield and long-term growth potential.

Property Features

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    Repayment calculator

    $5,818/month
    $2,909 /fortnight
    Loan $960,000 at 6.10% over 30 years

    Price estimated from comparable nearby — edit below to use your own number

    Upfront costs

    Deposit$240,000
    Stamp duty$46,224
    Conveyancing (est.)$2,000
    Total upfront$288,224
    Verify with NSW revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bedrooms
    1
    Bathrooms
    1
    Parking
    1
    Land Area
    55m²
    Listed
    1 week ago

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