Great passive income. Ideal for investors or self-managed super funds!
Situated footsteps to Barangaroo, this top floor Napoleon on Kent apartment offers open plan living, modern kitchen, bathroom and balcony. Investors will experience tremendous potential upside courtesy of both a high growth location footstep to Barangaroo and Wynyard station with increasing demand from business and holiday tourism along with the flexibility of utilising the onsite accommodation management or making your own private arrangements for short term stays
-Gross income (2017/2018) of $47,534
-Net income before fixed costs (strata, water, council) $28,013
-Net income after fixed costs (strata, water, council) $21,825
-No long-term lease contract; flexible letting arrangements
-Serviced apartment in high growth location
*All information (including but not limited to the size, price, address, return and outgoings) has been provided to the selling agent by third parties. Information contained should not be relied upon and you should make your own enquiries and seek legal advice in respect of any information about the property.