54/21 Cavenagh Street

This unit offers more space than most one bedroom apartments in this building and presents an outstanding opportunity for investors or owner-occupiers alike. Located in the heart of the CBD overlooking Austin Laneway off Smith Street Mall, this apartment offers an easy-access kitchen and a seamless open-plan living and dining area that flows onto a private balcony. The master bedroom features a corner bath ensuite with Jack-and-Jill toilet access. A secure undercover car park completes the package. With its unbeatable central location and excellent rental performance delivering close to an 8% gross rental return, this is a low-maintenance property with strong investment appeal. Enjoy easy access to shopping, dining, entertainment and all the conveniences of city living and parking right at your doorstep. Property Highlights: • Larger than most studio units in this complex • Easy Access Kitchen • 1 Master Bedroom with Ensuite • Open plan living and dining • Private balcony overlooking the laneway • Secure undercover car parking • Prime CBD location between Cavenagh retail area and Smith Street Mall • Strong investment potential with approximately 8% gross rental yield • Low-maintenance city lifestyle or investment opportunity Rent: $360pw Lease Expiry: 18 Jan 26 Body Corporate Manager: Elite SM Body Corporate: $1,556.25 qtr Council Rates: Approx $439 qtr