As a rental investment, an affordable first step on the property ladder or a comfy, convenient home for a single person or couple, this Middleton Road unit is a pearler. It’s only 1.5km from the shore of iconic Middleton Beach and the attractions of the tourist precinct as well as bars, cafes and restaurants. In the other direction, it’s only a little further to the centre of town for a diversity of shops, entertainment and amenities. This is a brick and colorbond unit in a neat, well-maintained complex, an end unit as part of a duplex pair. The front door opens onto a lounge with air conditioning and a gas fire - a pleasant, carpeted room with a big window for natural light. There’s space for a meals table and the adjoining kitchen has gas cooking and a window over the sink looking onto the back yard. Both bedrooms are doubles, one with a built-in robe, and the laundry and bathroom are combined to make the best use of space, with a walk-in shower, vanity, trough and room for laundry appliances as well as a separate toilet. A small garden at the front is easy to maintain and there’s a private back yard with a garden shed, a paved patio and an area of lawn. The complex has numerous car spaces, including some for visitors. The 1980s unit is clean and tidy, though a modernisation project would really boost its appeal as well as its value. However, investors could expect good returns renting it out just as it is and new owner-occupiers could do it up over time. It is currently leased at $340 a week until June 2024. Discover the value on offer here, and the advantages of an easy-care home in a top location.
What you need to know: • Brick and tile unit • About halfway between beach and town • Well-maintained complex • Affordable rental investment or home for single person or couple • Air-conditioned, carpeted lounge with gas heater and space for meals table • Kitchen with gas cooking • Two double bedrooms, one with built-in robe • Combined laundry and bathroom with shower, vanity, trough, separate toilet • Enclosed back yard with garden shed, patio, lawn • Car spaces within complex • Leased until June at $340 a week • Council rates $2,134.89 per annum • Water rates $1,525.99 per annum • Strata fee $1,800 per annum