To Invest or to Reside?

Forthcoming Auction, Unless Sold Prior<br/><br/>Welcome to your ideal studio apartment, perfectly situated at the heart of Kingston Foreshore. Indulge in the vibrant lifestyle with a plethora of restaurants at your doorstep and the tranquil lake just a stone's throw away. This is the epitome of convenience and comfort!<br/><br/>Whether you're stepping into the property market for the first time or looking for a savvy investment, this studio is your golden ticket to the high-demand Kingston Foreshore.<br/><br/>Already optimized for Airbnb, this property is not just a home; it's a smart investment opportunity bringing in more than $700 per week on average. <br/><br/><br/>Features:<br/>- Prime location at the heart of Kingston foreshore<br/>- Stones throw to the lake and a multitude of restaurants<br/>- West facing living area and spacious 10 sqm balcony<br/>- Versatile living<br/>- Locked basement car park with storage<br/>- Built in fridge<br/>- Reverse electric cycle heating and cooling<br/>- Current short-term rental with AirBnb bringing in approx. $767 per week<br/>- NBN Ready<br/><br/><br/>Essentials:<br/>- Indoor Space: 39sqm<br/>- Outdoor Space: 10sqm<br/>- Year Built: 2014<br/>- Rates: $1,721 p.a. (approx)<br/>- Strata: $3,084 p.a. (approx)<br/>- Land Tax: $1,980 p.a. (approx) investors only<br/>- EER: 6