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Overview
Level 3-, 70/2 Minnamurra Street, Kiama NSW
This studio apartment, known as Room 319, is an investment property located in the heart of Kiama's vibrant township. Positioned on the top floor (Level 3) of the building, it offers desirable northern aspect views overlooking the harbour. The location is ideal for year-round enjoyment, providing easy access to the town's main street and its many attractions.
Residents and guests can relax on the balcony, enjoying the ocean breeze and scenic views. The property is conveniently close to the cafe precinct, restaurants, shops, weekly farmers markets, parks, reserves, Black Beach, the iconic lighthouse, surf beach, and transport options.
The studio features a tasteful and immaculate open plan layout, making it suitable for holiday accommodation or as an investment property. Although it is not zoned for permanent residential use, it presents an affordable entry-level investment opportunity in Kiama.
Financial returns declared by the owners approximate a gross return of $24,866 in 2023, $26,782 in 2024, and $19,227 in 2025. Outgoings include strata fees of approximately $1,573.10 per quarter (which includes electricity usage), water charges of about $693.16 per annum, and council rates of approximately $1,377.28 per annum.
Key features of the studio include:
- Highly popular and guest-ranked short-stay accommodation
- Harbour views
- Currently self-managed by the owners, with the option to have it managed as a pooled fund investment by the Sebel
- Fully furnished to a very high standard
- Desirable northern aspect with balcony access
- Open plan, disabled-friendly layout
- Combination of carpeted and tiled flooring throughout
- Modern, large bathroom
- Contemporary fittings and fixtures
- Wet bar/kitchen with servery
- Split system air-conditioning
- Quality curtains and window coverings
- Undercover car space
This studio apartment offers a unique investment opportunity in a sought-after location with excellent amenities and lifestyle benefits.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Kiama NSW 2533
Market Insights for Kiama NSW 2533
Other properties in this postcode
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