2/38 Barbro Terrace, Warrnambool, VIC, 3280, Australia

Situated in the heart of Warrnambool's tourism hub, offering incredible ocean views, a minute's walk to the Lady Bay beach, cafes and the Lake Pertobe children's park precinct, understandably makes this apartment much sought after when it comes to beachside accommodation.

Positioned on the very top floor of the Deep Blue Resort, this two bedroom, two living apartment features an open plan with a generous private balcony with an additional balcony that looks out to the east over parkland and into the Lady Bay itself, a bathroom with seperate shower and bath, separate toilet, plus laundry.

Leased to The Deep Blue resort returning $40,585 p/a with Body Corp and Rates of approx. $8,200 being the only outgoings provides a net return of approx. $32,385 p/a representing an approximate 5.5% return. Annual increases of 3% with the ability to use personally for 2 weeks of each year.

A fabulous sit and forget investment..