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UNDER CONTRACT - Apartments 107A and 108 - UNDER CONTRACT -
SECURE LONG TERM INVESTMENT
Do you want to sit back and collect the rent without
worrying about Rent, Minor repairs or the day-to-day
hassles of managing an investment property?
This property has a Single Title but comprises two large
fully self contained single bedroom apartments with own
bathrooms and a private corridor so Quest can rent them out
either separately
These two large apartments are part of a superbly renovated
serviced apartment complex in a landmark building with a
fantastic central .location on the corner of Grenfell and
King William Streets.
The complex is known as Quest On King William,
http://www.questonkingwilliam.com.au/ . Quest have been
operating for 20 years and manage 120 apartment complexes
around Australia, New Zealand and Fiji the Lease term has
just been extended for 5 years from the 1st November, 2008
Rental Schedule:
To October 2010: $22,402.96 pa
Nov 2010 to Oct 2011: $23,299.08 pa
Nov 2011 to Oct 2012: $24,231.04 pa
Nov 2012 to Oct 2013: $25,200.29 pa
1st November 2013: Market Review
The lease also provides the Tenant with the right to renew
for 3 further terms of 5 years each term.
For more information contact David,
david.beattie@raywhite.com
RLA 46801
Do you want to sit back and collect the rent without
worrying about Rent, Minor repairs or the day-to-day
hassles of managing an investment property?
This property has a Single Title but comprises two large
fully self contained single bedroom apartments with own
bathrooms and a private corridor so Quest can rent them out
either separately
These two large apartments are part of a superbly renovated
serviced apartment complex in a landmark building with a
fantastic central .location on the corner of Grenfell and
King William Streets.
The complex is known as Quest On King William,
http://www.questonkingwilliam.com.au/ . Quest have been
operating for 20 years and manage 120 apartment complexes
around Australia, New Zealand and Fiji the Lease term has
just been extended for 5 years from the 1st November, 2008
Rental Schedule:
To October 2010: $22,402.96 pa
Nov 2010 to Oct 2011: $23,299.08 pa
Nov 2011 to Oct 2012: $24,231.04 pa
Nov 2012 to Oct 2013: $25,200.29 pa
1st November 2013: Market Review
The lease also provides the Tenant with the right to renew
for 3 further terms of 5 years each term.
For more information contact David,
david.beattie@raywhite.com
RLA 46801