- Price on request
- For Sale
- 63 m2
INVESTMENT OPPORTUNITY KNOCKING
What an Investment!! (Investors only – no owner occupiers)
Great Value Investment.
Located in a prime position in Chinatown near Darling Harbour and CBD this Studio apartment is an excellent opportunity for property investors and self managed super funds. This self-contained executive serviced apartment is professionally managed and operated by APX Apartments and offers a hassle-free solid rental return.
Fully furnished open plan living with courtyard
Kitchenette and bathroom with modern appliances
Fully supported with guest services and 24 hour concierge
49 sqm floor area, total of 63 sqm on title including one car space
No vacancies or management fees
Secure investment with guaranteed regular rental income
Rent paid to the owner: $1,656 per month ($19,118 per annum) with 4% annual rent increases.
Lease term: 5 years from 2012 to August 2017 with an option for further 2 x 5-year terms.
Outgoings per quarter paid by the owner:
Strata Sinking Fund: $180.75 (Administration Fund $625.90 paid by the tenant)
Council rates: $195.93
Water rates: $173.40
Inspection By Appointment Only