202/218 Bay Road, SANDRINGHAM

Bayside Lifestyle in a Superb Location

  • 1 Bed
  • 1 Bath
  • 1 Car
  • Sunlight apartment offering lifestyle rewards for the owner-occupier within moments of Bayside's best beaches, shops, cafes, golf courses, galleries, designer boutiques, recreational reserves, as well as picturesque Sandringham Village. Park life spread along picture-perfect stretches of coastline. With an easy 20 minute walk to the beach, train station or Westfield Shopping Centre makes this the ideal location. Bus services are also available at your front door as well as easy access to Nepean Highway or Beach Road to travel South or into the City.

    The apartment offers a modern open plan kitchen with adjoining lounge area and custom fitted study nook. Leading out from the lounge room onto the undercover balcony which contains outdoor built-in storage cupboards. Entertain friends with access to the beautifully landscaped residents lounge and terrace with a communal BBQ deck.

    FEATURES;
    - Generous bedroom with built in mirrored robes
    - Fully equipped kitchen with a streamlined design
    - European appliances and stone bench tops
    - Stunning bathroom with floor-to-ceiling tiles & frameless shower
    - Timber flooring
    - Split system air-conditioning
    - Security access via a video intercom system
    - Lift access
    - Secure basement parking

    The apartment is currently tenanted to 20th January 2018 and is part of the Australian and State Governments National Rental Affordability Scheme (NRAS). NRAS is a tax benefit, that provides a fixed rebate of around A$10,000 a year for ten years of which investors can claim the rebate. Investors are also entitled to all taxation benefits of property ownership including:

    • 50% capital gains tax discount over the life of the scheme
    • Depreciation
    • Deductions for the costs of property management, insurance and interest expenses.

    This opportunity has an abundance of options for owner occupiers or Investors!
    Homebuyers seeking a trendy, lock-up & leave Bayside address or investors looking for long term rewards.

    Sandringham Beach is an outstanding stretch of sand and spray in the heart of Melbourne's South East suburbs. It offers in effect two beaches with a wide variety of terrain and turf featuring a beautiful rotunda, a bay trail for walking/running and a section of shops (sitting between the beach and the train station) all providing a variety of options and amenities.

    For further information, please contact Marie Kovacs.

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