Prime CBD investment opportunity with great returns. The perfect apartment for investors looking to capitalise on high net returns. Enjoy the hassle free process of leasing through APX Hotel for a steady and guaranteed income with 4% yearly increases. The apartment is fully furnished by APX (they are also responsible for furniture repairs and replacement) and is ready for the new owner to start earning income straight away. Located only a short stroll away to World Square Shopping Centre, Darling Harbour, Chinatown and more.
- Currently leased with APX Hotel, with a guaranteed rent of $21,327.29 = 5.7% return per annum (plus 4% annual increases)
- The apartment includes kitchenette, mirrored built in wardrobe and air-conditioning
- Full sized bathroom, east facing, fully furnished by APX, ready to start producing income for the new owner
- Perfect location for guests visiting for holidays or travelling for business, recently renovated
- Situated close to Chinatown light rail, Paddy's Markets and Hyde Park
- Council: $284.20, Water: $208.77 - p/q approx.
Strata: $101.75 p/q approx. - the owner pays the capital works fund portion (the amount as noted) and APX reimburse the admin fund portion.
*For investment only, the apartment cannot be lived in.
Call Brenden Taliana on 0402 634 828 or email brenden@sydneycoveproperty.com.
All information contained herein is gathered from sources we deem to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries
