High Yield Strata Investment
- 1 Bath
An ideal investment for those looking for a strong rental yield and long term tenant, leased to Quest Potts Point for $476.80 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.
Current Rent: $476.80 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 $356.23 per qtr (Tenant Pays Admin Fund)
Strata: Sinking Fund: $355.09 per qtr
- Air Conditioning
- Close To Schools
- Close To Shops
- Close To Transport
Do you want to find out more about this suburb? Enter your details to receive a free comprehensive suburb report.