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In my opinion, 300-330 per week of rent is achievable but remember that there is $3000+ (not sure about the exact amount) of body corporate needs to be paid every year.

Went there for inspection last Saturday. The unit was built in 70's. Small and crappy kitchen and bathroom. The living area is probably less than 70 sq m. Personally, I think 300k would even be too high for an offer.