Sold
Studio

246/15 Springfield Avenue Potts Point, NSW 2011

Sold on 26 May 2016
  • 1 Bath
Agents

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Studio in Potts Point

SOLD BY TRISTAN BASSEY 0402 466 859

  • 1 Bath

Excellent strata title investment property with assured rental income from proven boutique hotel operator Quest Potts Point. The recently refurbished suite is leased at $425 per week with built in yearly rental increases and a long lease makes this a hassle free investment opportunity.
Perfectly located in the heart of Potts Point, moments away from the areas array of culinary delight and easy access to the CBD.

  • Current Rent: $425 per week
  • Lease Terms: Lease to 30th November 2018 with 4 x 5 Year Options
  • Rent Increases: By 4.5% In December 2016 and 2017 (Rent Reviews At 5th Year - Next Due 2018 and 6% Ratchet Clause)

This is a wonderful opportunity for a long term investment or SMSF purchase.

Features:
  • Air Conditioning
  • Built-In Wardrobes
  • Close To Schools
  • Close To Shops
  • Close To Transport
Bathrooms:

1

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Suburb

Potts Point

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