"Karavel" (meaning small sailing ships) is just 10 apartments. Unit 2 is a very appealing 2 bedroom apartment, located to the rear of the building and ready for its new owner. Featuring an updated kitchen with dishwasher, modern finishes throughout, separate shared laundry and under building car space. Ideal for a first home buyer or Investor, there is a lot to like about not only the location but the apartment as well. Located on the edge of East Gosford and Point Frederick villages within easy walking distance to the Gosford Waterfront with the Olympic (4 pool) complex, Gosford Sailing Club, public transport almost at the door step and Rumbalara Reserve walking trails. The complex is close to the CBD of the booming Gosford City and also has easy drive access to the M1 leading to Sydney and Newcastle. East Gosford & Point Frederick offer a laid-back lifestyle surrounded by water and verdant bushland and are classified as very safe high-end suburbs. - Council Rates: $272 1/4 - Strata Rates: $1,074 1/4 - Market Rental Return: $430 per week - Size: 69m2 in total. The property is currently owner occupied and has easy access for viewings.