The apartment, this modern strata title studio/one bed apartment is one of the best apartments in the building furnished with modern contemporary design interior and has an internal bathroom and a laundry. positioned at level 24 with Darling Harbour view. The North West aspect will see the room bright and shine trough out the day.
The building is located in the middle of a popular Sydney Central Business District within minute to entertainment precincts with abundance of cafs, restaurants and all transportation.
A steady income. The apartment is currently leased to Mantra Group which operates the apartment as a service apartment and is generating a guaranteed NET rental income of $ 1,583 per month/ approximately $19,000 NET per year. The lease will expire on Sept 2009 and has an option to be renewed 2X 5 years (subject to lease contract)
Current Lease Arrangement:
Gross rental income $25,136 per annum
Strata $ 161.5 /month; Council $131.80 pq ; Water $133.95 pq; AGL $124.4 pq; Electricity $385.15 pq
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