11/133-139 Jacaranda Street Red Cliffs, VIC 3496

Brick veneer studio apartment that has been recently fully renovated. Brand new kitchenette, bathroom, flooring & paint work. This property is extremely low maintenance. With a rental appraisal $250 - $260 per week, showing an approximate 9.5% return. Previously used as an Airbnb from September 2024 to June 2025 with gross earnings of $17,010 (just under $2k per month). With the ability to live in the property yourself, re-establish as Airbnb accommodation or utilise as a traditional investment property. The property also features a single carpark at the front of the property. Within walking distance of everything Red Cliffs has to offer.