Secure long term tenants in QUEST one of the largest networks of serviced apartments in Australasia.
For investors only, not for personal occupation.
Lease term 15.06.2010 to 14.06.2015 . 5 x 5 x 5 x 5 year options and 4% per annum automatic rental increases. Current rental $23,394 per annum or $449 per week.
Bright sunny north west facing modern 2 bedroom apartment on level 8 in the heart of the Wollongong’s CBD.
71m2 plus 14m2 car space – total 85m2.
A short stroll to beaches, WIN stadium & Performing Arts Centre.
Serviced by lift and security basement parking.
In today’s uncertain world its comforting to know that the rent is coming in 52 weeks a year with no vacancies.
Inspections by appointment only, advanced notice required.
COUNCIL RATES: $255.90 P.Q
WATER RATES: $140.14 P.Q
STRATA LEVIES: $283.25 P.Q
(SINKING FUND PAYABLE ONLY)
ADMINISTRATIVE FUND: $0
MANAGEMENT FEES: $0