A unit on a parcel in 52/SP81141 Haymarket NSW. Constructed in 2008, featuring 1 bedroom, 1 bathroom.
UNDER CONTRACT - Modern 63m2 Strata Studio Apartment with Quality Long Term Tenant Returning 6.1% Net. Perfect no Fuss Investment Ideal for a Self Manager Super Fund.Situated in a vibrant and convenient location on the corner of Goulburn & Cunningham St, Quest World Square is opposite World Square in the central southern CBD providing easy access to all areas of the CBD.It's also only a moments walk to Chinatown and a multitude attractions like The Sydney Entertainment Center, The Mandarin Club, Paddy's Markets Central Station and the CBDThe building completed in 2008 looks immaculate and is professionally managed at a high level to accommodate a quality tenant Like Quest.Current rent $508.00PW leased until October 2018 with a further 5 + 5 year option to 2028.Total expenses are low however at $537 PQ.* even with a pool & gym.Approximate Levies:WATER RATES $675.00 per yearCOUNCIL RATES $895.05 per yearSTRATA RATESSinking Fund$ 584.51 per yearAdministration Fund: *levies are reimbursed by tenant.Investment Benefits include:??? Well suited for SMSF investment??? 6%+ rental income??? Stable income with steady growth??? Attractive taxation benefits and ongoing depreciations??? Long Term lease with commercial performance??? No Management Fees - No Letting Fees??? Tenant responsible for Non Capital repairs??? Free Hold Strata Titled Apartment in Blue Chip Location??? No Vacancies - The rent is paid monthly regardless of occupancy??? Security of a well know and trusted Australian brandAdditional feature/s - Area Views.