Is this the most affordable property ever?

This ground floor one-bedroom unit could do with a spruce up but with a long term tenant in place it has to be the most affordable investment around at the moment.

Located in popular Blacksmiths this unit complex is less than 750 m to Blacksmiths Beach, the Swansea Channel and Lake Macquarie and could be an ideal holiday unit or weekender or an affordable start to building a property investment portfolio.

The combined kitchen/living area is open plan and there is a separate bedroom, shower and toilet, the internal area being approx 45 sq.m in size. There is off street parking for one car.

Currently tenanted and with low overheads, this has to be one of the most attractive investment opportunities ever seen in the area.
Sold Price : $155,000
Sold Date : 2021-05-25

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