5/2 Porter Street Ryde NSW 2112

Secure a set-and-forget investment with an existing tenant paying $600 per week until 7 October 2027. Delivering approximately 7.6% gross rental yield, this ground-floor one-bedroom apartment offers investors an attractive combination of strong rental income, a low entry price and a secure tenancy. Recently refreshed with new flooring and fresh paint, it features a practical open-plan layout, private patio, internal laundry and secure basement car space. Conveniently positioned close to local shops, transport, parks and everyday amenities, it is a straightforward, low-maintenance addition to an investment portfolio.

– $410,000 asking price
– $600 per week rental income
– Lease secured until 7 October 2027
– Approx. 7.6% gross rental yield
– Ground-floor position with private patio
– Freshly updated with new flooring and paint
– Practical one-bedroom layout with open-plan living
– Internal laundry and full bathtub
– Secure basement car space with intercom access
– Convenient Ryde location close to shops, transport and parks

Note:
Strata: currently $2,071 per quarter, temporarily increased from $1,300 per quarter to fund a $596,260 carpark waterproofing project. The works contract has been signed at a fixed cost, with this apartment’s contribution approximately $6,558 based on its 1.1% unit entitlement.

For further information or to arrange a private inspection (available 7 days), please contact Jackson at 0431 011 823.