$160,000
127/40 The Terrace

Affordable, High-Yield 3-Bedroom.

Discover an exceptional investment opportunity with this sunny, corner-unit, three-bedroom apartment, perfect for those seeking affordability and strong returns. Currently...
Property Type
Apartment
Bedrooms
3 beds
Bathrooms
1 baths
Parking
1 parks
Land Area
0m2
Floor Area
59m2

Discover an exceptional investment opportunity with this sunny, corner-unit, three-bedroom apartment, perfect for those seeking affordability and strong returns. Currently fully tenanted, each room currently generates approximately $296 per week ($888 total).
Situated in a prime CBD location, the apartment boasts stunning views and natural light, thanks to external windows in all bedrooms. The property is currently managed by UniLodge (on-site property managers) with no fixed-term agreement, providing flexibility to rent out privately or occupy the apartment yourself. Additionally, the building’s earthquake rating has been recently upgraded from 33% to 75% NBS (as per the April 2024 AGM minutes).

Key Features:

  • Superb CBD location, with everything at your doorstep
  • All bedrooms feature external windows, ensuring great natural light
  • Apartment area: 59m2
  • Currently, all three bedrooms are tenanted with rent based on occupied rooms and option to rent out privately or owner occupy.
  • Gym
  • Bicycle storage
  • Outdoor space for sunbathing and BBQs
  • Spacious lounge with large-screen TV

This apartment is also perfect for parents looking to secure accommodation for their children attending university, while benefiting from a high-yield investment. If you have a child starting early next year, this is the ideal opportunity.

For more information or to arrange a viewing, contact us today!

  • Gymnasium
  • Electric Hot Water
  • Open Plan Kitchen
  • Open Plan Dining
  • Combined Bathrooms
  • Combined Lounge/Dining
  • Electric Stove
  • Very Good Interior Condition
  • No Garaging or Carport
  • Concrete Tile Roof
  • Good Exterior Condition
  • Urban Views
  • City Views
  • Street Frontage
  • Shops Nearby
  • Public Transport Nearby
  • Cooktop Oven
  • Light Fittings
  • Blinds
  • Rangehood
  • Dishwasher

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Your dedicated team.

We’re here to guide you through selling your home with care and dedication. Our team is committed to making your experience smooth and stress-free.

We value open communication, attention to detail, and honesty, ensuring that you always feel supported and informed. We recognise that each person’s needs are unique, so we tailor our approach to fit you.

Our goal is to make you feel comfortable and confident every step of the way. Let’s work together to make your home-selling journey a positive one.

Jo Mcgeachin

Ben was extremely easy to talk to and very informative about how things would progress. He listened to us and advised us about the right way to go. We are very happy with his pleasant and professional manner.

Yasas Gamage

Ben, Peter and Jade. You guys are the most awesome Real Estate Agents we have ever met. We went to hundreds of open homes and met many agents throughout our search for a home, yet we would come back to you straight away for our next house. Thank you!

Jaan Turia

Ben worked exceptionally hard on our behalf to get the sale over the line. Ours was not straightforward by any means, and Ben navigated through the many twists and turns to ensure a very satisfactory outcome for us. We highly recommend Ben. 🙂

Jason Pepping

Ben is a very personable agent. He has excellent communication and was usually available to answer any questions we had, regardless of the hour!

Carla Shields

Ben and the team did an amazing job selling our house. They know the market so well and gave us the best advice throughout the whole process. We have used them before and so glad we choose to use them again. Highly recommended.