This 2brm apartment in Princeton is to be sold but get yourself organised.
Settlement is required by 30 April 2026.
This 27m2 2brm student accommodation unit, currently in a management lease to 29 October 2027 and earning approximately $500 per month net.
The purchaser will have a few options as the management lease can be cancelled on six months' notice and $3000! Then become a landlord in residential tenancy or house your university going kids and their mates or remain in the lease.
Purchasers need to be GST registered so you can purchase plus GST zero-rated.
Council Valuation $150,000.
AUCTION 21 April 2026 (unless sold prior). Bidding available in person, by phone or online.
All floor sizes are approximate and may include balcony area.