It's rare these days for a return on investment like this. Spend $210,000, receive $225 per week in rent. With a good tenant in place and low strata fees to boot, you should not hesitate to add this property to your portfolio!

Located in the popular Lake Macquarie beachside suburb of Blacksmiths, this neat and tidy bedsitter apartment is situated on the upper level and offers a bright and sunny tiled living/bedroom space with access to a large shared balcony. There is a modernised bathroom and a small kitchenette. Off street parking is available.

This property could also be an ideal holiday unit or weekender, being less than 110 km travel on the M1 from Sydney. Being located between Blacksmiths' famous surf beach, the Swansea Channel and gorgeous Lake Macquarie there's a wealth of water-based recreational activities at your doorstep.
Price: $195,000 - $210,000

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