408/8 Ward Avenue
Elizabeth Bay, NSW 2011

This stylish studio apartment is situated within the well-maintained Madison security complex, offering an excellent opportunity for first home buyers, investors, or SMSF purchasers seeking a low-maintenance property in a highly sought-after location.

Conveniently positioned close to trains, shops, parks, the harbour foreshore, cafés, and all local amenities, this peaceful third-floor apartment combines comfort, convenience, and strong investment appeal. The building provides lift access and shared laundry facilities on every level, enhancing ease of living.

Key features of the property include a cosy living area with large windows that overlook leafy internal gardens, timber Venetian blinds, and reverse-cycle air conditioning for year-round comfort. The apartment also includes a built-in robe, a study desk, and overhead storage, maximizing space efficiency.

The functional timber kitchenette is equipped with a fridge and microwave/oven, suitable for everyday cooking needs. The spacious modern tiled bathroom features a bath and granite vanity, providing a touch of luxury and practicality.

Located in a quiet position overlooking the internal gardens, this studio offers a strong rental return and excellent investment potential. It is just a short stroll to trains, cafes, restaurants, parks, and the harbour, making it an ideal choice for owner-occupiers or astute investors looking to secure a quality property in a desirable location.

Additional costs include strata levies of $1,107.92 per quarter, water rates of $211.09 per quarter, and council rates of $318.30 per quarter. The apartment size is approximately 22 square meters.