UNDER CONTRACT!! What every investor in real estate is looking for: a guaranteed tenant 52 weeks a year! An opportunity to secure a solid long term investment. City centre Quest Serviced Apartments offer a prime location and quality product. Level 7, 2 bedroom apartment with parking. Southeast aspect. Returning $440 per week. Leased till 14th June 2015 with a 5 x 5 x 5 year option. For further information contact L.J. Hooker Wollongong.
* Two bedroom
* 14m2 parking space
* Level 7 with a south east aspect
* Lease term 15/06/2010 to 14/06/2015
* Option 5 x 5 x 5
* Initial rent $22,855.00 per annum with 4% per annum increase
* Current rent $440.00 per week
* Council rates: $900.00 p/a (approx.)
* Water rates: $560.00 p/a (approx.)
* Strata levies: $1152.20 p/a (approx.)