Located in the heart of the CBD @ "Quest on Bourke" this fully furnished serviced apartment of 80m2 (approx) is a perfect investment to enhance any portfolio.
This is a maintenance-free property that delivers strong cash flows with the benefit of a commercial tenant. This apartment positioned on the second floor, comprises two good size bedrooms with mirrored build in robes, a fully equipped kitchen with tiled floors and stone bench tops, a main bathroom incorporating spa bath and in cupboard laundry, a separate living zone/meal area and a separate toilet.
This is without a doubt one of the best value apartments in the city today!!
RENTAL: $25,045 pa
LEASE TERM: Until 2014
OPTIONS: 5 x 5
RETURN: 8.7%
RENT INCREASE: 2.5% pa
Outgoings paid by lessor.