1/187 Lake Albert Road, Kooringal NSW 2650

An outstanding opportunity has arisen to enter the market with this two-bedroom unit right in the heart of Kooringal. This will make an exceptional investment with excellent returns for those looking to either strengthen or start their investment portfolio. Brilliantly located just a short walk from local shops, transport, parks, schools and all other amenities, it has exceptional long term rental potential with a low maintenance appeal and solid structure.

Located on the ground floor, this spacious unit offers two good sized bedrooms, an open plan living/dining area, a modern kitchen and a single undercover car space, along with spacious, well maintained common grounds and additional onsite visitor parking.

This is an exceptional purchase for the savvy investor to secure with a 5.2% return with its current lease of $250 per week, It's sure to tick all the boxes.

You do not want to miss out on property.

Some of the features that you will love:

- currently leased for $250 per week until January 2024 providing a 5.2% return
- private ground floor location
- open plan living/dining
- modern kitchen with stainless steel appliances and great storage options
- bathroom and separate toilet
- good sized laundry
- single undercover car space
- brilliantly location just a short walk from local shops, transport, parks, schools

The location is ideal, it is walking distance to schools, childcare, local shops including the Kooringal Mall, medical facilities and only a short drive into the CBD. Opportunities to purchase investment properties with exceptional returns over 5% such as this one do not come along often.

Our instructions are clear this property must be sold so do not hesitate, Contact Matt Newley on 0410019996 and arrange your inspection as you will not want to miss out on this one.

All of the information contained in this document is from sources the Agent and Vendor believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Gross rental return based on current listing price and rent per week, subject to change.