$589,900
2/38 Barbro Terrace, Warrnambool VIC 3280
Apartment
211
Ocean View Penthouse Investment
Situated in the heart of Warrnambool's tourism hub, offering incredible ocean views, a minute's walk to the Lady Bay beach, cafes and the Lake Pertobe children's park precinct, understandably makes this apartment much sought after when it comes to beachside accommodation.
Positioned on the very top floor of the Deep Blue Resort, this two bedroom, two living apartment features an open plan with a generous private balcony with an additional balcony that looks out to the east over parkland and into the Lady Bay itself, a bathroom with seperate shower and bath, separate toilet, plus laundry.
Leased to The Deep Blue resort returning $40,585 p/a with Body Corp and Rates of approx. $8,200 being the only outgoings provides a net return of approx. $32,385 p/a representing an approximate 5.5% return. Annual increases of 3% with the ability to use personally for 2 weeks of each year.
A fabulous sit and forget investment..
Positioned on the very top floor of the Deep Blue Resort, this two bedroom, two living apartment features an open plan with a generous private balcony with an additional balcony that looks out to the east over parkland and into the Lady Bay itself, a bathroom with seperate shower and bath, separate toilet, plus laundry.
Leased to The Deep Blue resort returning $40,585 p/a with Body Corp and Rates of approx. $8,200 being the only outgoings provides a net return of approx. $32,385 p/a representing an approximate 5.5% return. Annual increases of 3% with the ability to use personally for 2 weeks of each year.
A fabulous sit and forget investment..
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Contact Matthew Wood to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
2
Bathrooms:
1
Garage Spaces:
1
Property type:
Apartment
Other Details
Lot:
2A
Plan:
PS432254
Legal description:
2A\PS432254
Maps and area information
Block information
Legal description: 2A\PS432254
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Nearby sales
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We found 15 apartments with 2 bedrooms that just sold near 2/38 Barbro Terrace Warrnambool
Property history
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23 Jun 2021
Sold
Lisa Fitzgerald Real Estate
Listed: 24/05/2021
Transfer type: Full transfer
Statement of information
Section 47AF of the Estate Agents Act 1980
Download Statement of Information
Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.
Warrnambool suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
44 years
Population
31,308
Listing ID: 181892343. This listing has been viewed 20 times. It was first displayed on 31/08/2023 and last updated on 21/06/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.