7/56 Botany Road (ALEXANDRIA), Redfern NSW 2016

One of the inner city's most affordable properties, this second floor security apartment presents an outstanding opportunity for first home buyers or investors. Part of a boutique block of sixteen, the comfortable studio features bright well-maintained interiors. Located in a rapidly developing precinct, it offers excellent potential for those seeking to benefit from long term growth.

- Approx. 5.8% gross return
- Neat kitchen, modern bathroom
- Great investment with scope to achieve excellent rental returns
- Currently tenanted for $300pw
- Moments from a great selection of local shops and eateries
- Walk to Redfern Station, Carriageworks and Alexandria Park
- Council rates: $808.40 per annum approx.
- Water rates: $180.40 per quarter approx.
- Strata rates: $405.00 per quarter approx..