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Studio

464/15 Springfield Avenue Potts Point, NSW 2011

Sold on 30 Jun 2017
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    Studio in Potts Point

    High Yielding Strata Investment

      An ideal investment for those looking for a strong rental yield and long term tenant, leased to Quest Potts Point for $381 per week, a well-respected hotel operator and assures you receive a constant rental income (not dependent on your suites occupancy).

      This apartment has built-in wardrobe and large ensuite style bathroom and air conditioning. Perfectly located only moments away from the Kings Cross Train station, Potts Points Cafe precinct and within easy access to the CBD.

      • Investors only
      • Current Rent: $381.22 per week
      • Lease Terms: Leased until 2018 (Additionally, the tenant has 4 x 5 year options)
      • Rent Increases: 4.5% (Yearly each December)

      Strata: Admin $309.60 (Tenant Pays Admin Fund)
      Strata: Sinking Fund: $308.70
      Water: $185.79 per qtr
      Council: $169.84 per qtr
      Size: 16sqm

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

      Potts Point

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