Situated in a quieter, refined pocket of Beach Road, this one-bedroom apartment offers a foothold in the CBD with waterfront appeal and easy access to the commercial core, while retaining separation from busier retail strips.
The efficient layout delivers low-maintenance city living, making it ideal to hold, rent, or reposition once building works are completed.
Currently in the investigative phase for a comprehensive remedial project, bank lending is unavailable, making this opportunity best suited to cash or equity buyers. This narrow pool creates a pricing dislocation actively being capitalised on by experienced investors.
With a sitting tenant, ownership provides an immediate income stream and with the very modest expected sale price, this quickly translates into a particularly high net return from day one.
For buyers able to navigate this phase, this represents a rare chance to secure a waterfront-adjacent property with strong income potential and upside once the works are finalised. Contact us to better understand whether this opportunity aligns with your strategy.
Note: The photos used are of a similar unit in the same complex; however, please note that the furniture, outlook, and finishes may vary. For more specific details, please refer to the chattels list.