Everyone knows that buying in an area growing rapidly in popularity is a good bet. So the question is, do you want to pay a big price for something in an area that’s already at the height of its popularity or do you want to get in on the next big thing?
Over the past few years Kingsland has seen tremendous growth in popularity due to the development of local real estate, especially on the main strip. Citizen Park, Neighborhood, and Shaky Isles are just a few of the new cafes and bars local residents are enjoying as well as wide range of cultural restaurants such as Taiko Japanese, Little India andAtomic Café that have been popular for many years.
With Eden Park minutes away by foot, the train station nearby and a bus stop directly outside the building, this apartment really is positioned perfectly for a convenient and social lifestyle with lots of promise & potential.
As far as the building community goes, the properties are tightly held and the residents enjoy a friendly community vibe with a good owner-occupier vs. tenant ratio.
Rented for $450/w to a long-term tenant who’s happy to stay. Should you be looking to invest, enjoy the benefit of immediate cash flow and a tenant who has treated the property like his own for over 3 years. Easy.
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