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    • About this property
    • Explore Potts Point
    • Investment Studio with Strong Yield & Long Term Tenant

      Property ID 1548910
      Investment Only This is an ideal property for those looking for a strong rental yield and long term tenant. Leased to Quest' Potts Point, a well-respected hotel operator, assuring you a constant rental income.
      This hotel style apartment has built-in wardrobe, ensuite style bathroom, kitchenette 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: $349.45 per week
      - Lease Terms: Leased until November 2018 (Additionally, the tenant has 4 x 5 year options)
      - Rent Increases: 4.5% annually

      Strata: $618.38 GST included per qtr (Admin $309.68 + Sinking $308.70)
      Note: Tenant pays the admin fund
      Water: $185.79 per qtr (approx.)
      Council: $ 169.84 per qtr (approx.)
      Size: 16sqm