Somerset Darling Harbour- Furnished Studio
Fully furnished studio apartment in city centre. Opposite to Darling Harbour. Currently under the management of "Somerset Darling Harbour Hotel" as serviced apartments. Building facilities include heated in-door pool, spa, and gym.

GUARANTEED MONTHLY RETURN:

Substantial Tax Depreciation Allowances Included
Never vacancy
All Furniture/Air Conditioning Included
GST on Rent (paid)
Owner’s corporation fee (paid)
Swimming pool, Gym, Spa, Restaurants Conference rooms,
Landscaped Entertainment Terrace etc. (Included)

TENANCY & OUTGOINGS

RENTAL: $ 15.360 PER ANNUM- NET
TERM: LEASED WITH THREE FOUR YEARS OPTIONS (4+4+4).
LEASE COMMENCEMENT: 2003
RENT INCREASE: EVERY YEAR NOVEMBER (CPI 3%)
LEASE EXPIRY: End 2007

OUTGOINGS:
Sinking Found $784.32
Strata Levies: $ Paid
Water rates: $ Paid
Council rates: $ Paid
___________________________
TOTAL $ 14.576 NET