A cracking investment property all but adjacent to Barrangaroo, King Street Wharf, The Rocks and Wynyard, this fully furnished 1 bedroom apartment offers just over 5.6% * net yield BEFORE any income from the secure car space is included.
(* this is taken from an annualised figure over the past 9 months available figures – average monthly rental income usually improves as we head into the warmer months)

Napoleon on Kent – Top Floor with Views.

While this is a serviced apartment and not intended to be occupied by long term tenancies, it can be used as a city pad by owner occupiers while in SYDNEY for shorter stays at minimal cost, while continuing to achieve a standing income through the balance of the year.

The apartment is a bright, fully furnished 1 bedroom apartment with a large secure car space, with a small deck and views to Barrangaroo and the water, situated on the top floor of this 4 storey building.

Being situated in such a PRIME LOCATION, close to Darling Harbour / Barrangaroo, substantial capital gain should be part of your equation as this will be a valuable long term asset, being opposite the entrance to Wynyard Walk (currently being constructed)in the heart of the CBD of Sydney City, as well as being at the entry point to the fabulous and historic Rocks district and KIng Street Wharf and Barrangaroo commercial hub and park lands.

If you or your staff are regular travellers to Sydney for business, this would make a useful corporate apartment, with regular income when not being utilised in-house and minimal stay rates for owners’ periodic occupation.

The whole building is expertly run by on site management. See www.napoleononkent.com.au.

This property comes with a LARGE car space on a separate title, which can also be leased through Napoleon on Kent. Daily or monthly rates may apply.

The car space is currently used by the owner and is not part of the current income stream.