Ideal for the property investor who is looking to increase their portfolio with this holiday studio apartment. Conveniently located across from beautiful Bombo Beach, your guests can sit on the verandah and watch the waves rolling onto the beach and the Pheasant Point rock platform as the sun rises over the ocean. Inside the open plan studio consists of a combined lounge, bedroom and kitchenette with adjoining bathroom. A shared BBQ seating area offers a great place to cook and enjoy a glass of wine overlooking the beach. Off-street parking is available and you're located a short walk from the Kiama CBD and a stroll across to Bombo Beach. Annual income for 2017 (after rental commissions and management fees) was $21,300. On average the studio leases for $145 in off-season and $175 in peak season.
Note - The properties in this building are available for short term holiday stays only (no permanent residents). None of the apartments in the complex may be occupied by any person or persons for more than 28 consecutive days in any 6 month period.
Close to Transport
Close to Shops