304/1 Abel Place, Cronulla NSW 2230

Sold $625,000 to $675,000

Sold
  • 1 Bed
  • 1 Bath
  • 1 Car

SMART INVESTMENT AND OCEAN VIEW!

Located on the 3rd floor, opposite North Cronulla Beach, enjoying an ocean view and perfect position, this resort style apartment offers a rare opportunity to invest in your future with control of your asset.

Yes you can stay in your own apartment! This property is not leased to Quest so you can stay in it yourself for zero $ per night!

You decide how much involvement you want. You can manage it yourself, use a real estate agent (we offer this service and currently manage this property) or you can talk to Quest about them leasing the property from you. The choice is yours!

This is a rare opportunity in deed!

80 square metres on title including the 17 square metre lock up garage.

Resort style pool, spa (pool and spa currently empty, pending repair), sauna, gymnasium, ducted air-conditioning and lift access.

This property comes fully furnished with everything you need to continue providing, highly sought after, self-contained, short term accommodation.

Inspect by appointment or at scheduled open inspections.

Gross rent 2016/2017 financial year: $35,814 (approximate average: $686/w including vacancies)

Occupancy rate from 10 April 2016 to 8 Oct 2017: 56.04%

Approximate quarterly outgoings:

Strata levies: $1611

Council rates: $247

Water rates: $170

Electricity $505

Gas $225

Don't hesitate, call Peter Toby 0409 173 837.

This property is proudly listed by:

First National Real Estate Shire 365 Port Hacking Road
Caringbah NSW 2229

Open for Inspection

By Appointment

Additional information

Property Type Apartment,Unit
Property ID 11621120358
Price $625,000 to $675,000
Council Zoning R3
Air Conditioning
Intercom
Furnished