3/88 Rajah Road

Ocean Shores NSW 2483

Leased and being sold furnished, buying an investment property on the Byron coast has never been so easy. Tastefully fitted out with some very cool inclusions such as ceiling mounted projector screen, low profile timber ceiling fans as well as a new soft touch awning on the balcony, all you will need to do is start collecting the rent. With good tenants on a lease until January 2024, you have the security of an immediate return of approximately $29K per annum. Capital growth is also a real possibility because the median price of units in Ocean Shores has increased by 17% so far in 2023 (according to Pricefinder) The growing demand for affordable rental accommodation in the Northern Rivers means that tenants will always be easy to find.

The position of the unit in the block means no visibly close neighbours and the front garden provides privacy from Rajah Rd as well as a leafy outlook from the living room. Located on the first floor of a complex of eight which is so close to all essential amenities, this entry level property features two bedrooms, kitchen with breakfast bar, open plan living and bathroom with internal laundry. The property also includes your own covered balcony plus an extra long lock up garage and secure storage room on the ground floor.

Outgoings include $3260 for council rates and approximately $1600 for strata fees, which includes water usage. Recent improvements include..