A good opportunity at a reasonable price
2/22 Bream St Coogee
Sold for $1,062,500
Rented for $620pw = 3% yield
Pros -
Great location just a short walk to beach, shops, cafes & transport
North facing
Good size bedrooms & balcony
Large LUG + can park a 2nd car in front of garage
Cons -
I find it hard to make cons up - this property ticks all the boxes and needs a full reno
and so it would only be a con if you didn’t want to do a reno.
The yield isn’t great but that would normally improve post renovation
A great example of one that we would buy and renovate
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