Sometimes the best investments are the quiet achievers, the ones that sit confidently in the background. This tidy one-bedroom apartment, approximately 25sqm plus a generous east-facing balcony that frames views towards the Sky Tower, is one of those.
Positioned in the well-regarded Ascent Residential Building, it offers the calm of being slightly removed from the city's constant hum, yet close enough to walk into its rhythm whenever you like.
For investors, the numbers speak for themselves. A long-standing tenant of over seven years continues to look after the home as if it were their own, with a secure tenancy in place at $430 per week, fixed until 2028. Body corporate fees sit at around $2,419 per year, and council rates at approximately $1,260.
Compact, efficient, and consistently occupied, this apartment represents the kind of certainty that's increasingly rare in the property market.
Whether you're building your portfolio or looking for a steady performer to hold for the long term, this one quietly delivers and has been doing so for years. Please get in touch with me to arrange for a viewing or for more information.