16/2 Hothersal Street, Kiama NSW 2533

Offered with a long-term tenancy, this presents an excellent opportunity for the astute investor to acquire a ready-made investment property with a reliable, settled tenant in place. Investing in a property with an existing lease can offer numerous advantages, including immediate rental income, reduced vacancy risk, and a streamlined transition into property investment ownership.

This one-bedroom apartment in the 'Sails' complex presents an exceptional opportunity to embrace the coastal lifestyle of the iconic Bombo beach. The property is thoughtfully designed with vaulted ceilings and a large entertaining balcony with access from both the living and bedroom to create a spacious ambiance.

The apartment offers an open plan living and dining space which is complete with stylish floating floorboards. The contemporary kitchen, equipped with a gas cooktop, stainless steel appliances, and sleek stone benchtops, caters to both style and functionality. Additionally the property features a modern bathroom, reverse cycle air conditioning, European internal laundry, NBN connectivity, and a large single lockup garage.

Positioned just 200m away from the patrolled and dog-friendly Bombo Beach, residents can easily immerse themselves in the vibrant Kiama lifestyle, exploring the nearby shopping and harbor precinct, restaurants, bars, cafes, boutiques, parklands, and pristine coastal walking tracks. Seize the moment to capitalize on the charm and convenience offered by this coastal gem.

Acquiring this property with an existing long-term tenancy presents a compelling opportunity for investors seeking immediate rental income, reduced vacancy risk, and long-term capital appreciation potential. It offers a hassle-free investment option with the added benefit of a reliable tenant already in place, making it an attractive proposition for savvy investors looking to grow their portfolio.

*Please note the property is subject to an existing long term tenancy, the internal images were taken prior to the tenancy and have digital furniture.