$620,000 - $650,000
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16/2 Hothersal Street, Kiama NSW 2533

Apartment
111
Block size: 2955 m² approx.

Beachside Investment Opportunity

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.
Features
  • Air Conditioning
  • Carpeted
  • Close To Schools
  • Close To Shops
  • Close To Transport

Inspections

Saturday, 27 Apr10:00am - 10:30am
Can't inspect in person?

Contact Sam Lathbury to enquire about this property including alternatives to in-person inspections.

Key details

Bedrooms:
1
Bathrooms:
1
Garage Spaces:
1
Property type:
Apartment
Block Size:
2955 *

Other Details

Lot:
16
Plan Type:
SP
Plan:
97356
Legal description:
16/SP97356
First National Coast & Country
Next Inspection:

Maps and area information

Block information
Block size: 2955 (approx)
Legal description: 16/SP97356
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

What's nearby

Kiama Primary SchoolPrimary School
0.8km
Kiama High SchoolHigh School
0.6km
Kiama Hospital & Community Health ServiceHospital
2.3km
Kiama Shopping ComplexMajor Shopping Centre
0.6km
Sule College Illawarra CampusCollege
10km
Post OfficePost Office
2.2km

Property history

We couldn't find any history for this property.
See Kiama's suburb profile

Kiama suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
54 years
Population
7,904
Listing ID: 182149236. This listing has been viewed 177 times. It was first displayed on 06/12/2023 and last updated on 22/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.