A fantastic opportunity for those looking to enter the property market, or to attain a positively geared investment with minimal outlay! Centrally located on a large corner block with genuine development opportunity, this studio apartment offers a great ROI and is priced to sell! - Current Rental Income - $18,771 p.a. - Current Strata Fees - $2,430 p.a. With a bright, northern aspect and kitchen and bathroom both in very good condition, this fully furnished studio apartment offers a spacious layout. The property has a proven history of solid returns and extremely low vacancy. It is currently tenanted for $360 per week, meaning returns from day one! Features include: - Air Conditioning - Fully furnished - Close to shops, cafes, bus, parks and the iconic Kangaroo Point cliffs - On-site laundry facilities - One car space - Genuine potential for future development - Tenant already in place Contact Lindsay Brown on 0410 285 581 to enquire today!