402/23-33 Missenden Road CAMPERDOWN

An excellent investment opportunity to purchase this huge two bedroom apartment located in Camperdown. Currently leased to Quality Apartments this property is designed to maximise space. Due to the high occupancy rate and strong demand in the area. This apartment has a net return of $33,784per annum (approx.) Offering a high rental yield of 5% Net. The current lease includes a guaranteed 4% increase in rental return year on year until 2032. Quality Apartments is the building manager and conducts all repairs to the apartment and common areas as part of the lease. Therefore the owners of the lot do not pay strata levies. The building and the apartment are managed by Quality Apartments Camperdown which is backed by the Choice Hotels Asia Pacific (NYSE: CHH). A company in the United States with more than 6,300 hotels and 500,000 rooms in more than 35 countries and territories. Quality Apartments Camperdown offer consistent, familiar and reliable experience and a high level of service. Apartment features Include: - Large sun filled U-shaped kitchen with raised breakfast bar - Huge combined Living / dining space - Spacious terrace with expansive views - Spectacular views along the city skyline including Anzac Bridge and Harbour Bridge - 2 double sized bedrooms w/ mirrored built-ins + en-suite and separate balcony in main - Huge bathroom with large corner bath tub - Separate laundry room - Air-conditioning - Secure parking facilities - Access to property facilities, which include: Outdoor swimming pool, BBQ area and level lift access. For further information or to view the apartment please do not hesitate to contact: Inspections strictly by appointment between the hours of 11am-2pm.