This spacious one bedroom tone bathroom serviced apartment is located on level one with balcony and a car space on title.
The features include an open plan kitchen/living area, modern kitchen, one main bedroom and ensuite. This is a fantastic complex with great facilities for guests to enjoy such as the swimming pool and BBQ area.
Quest Wagga, is a complex built in 2007 which comprises 30 units which are brick & tile construction. With a communal swimming pool and on site parking for guests. The units are fully furnished and leased to Quest Wagga Tenancy Pty Ltd. With a great return and guaranteed income, this is a rock solid investment opportunity!
The current owner has done all major renovations, with new kitchen in 2024 and new bathroom in 2021. Only minutes to the main street of Wagga Wagga.
Rental return:Monthly rental return: $1,780Gross rent per annum is : $21,360 Increased by 3% every year.Leased until 21 December 2030 with 3 x 5 year options after.
Outgoings:Council rates per annum : $1,952 paid by ownerWater Rates per annum : $277.65 paid by ownerCapital fund per annum : $874.56 paid by owner
