****Only outgoings for the owner is the sinking fund of $660pa including GST
****Currently returning $19,340.16 net pa.
****A managed complex, great opportunity for investors. ****Somerset Serviced Apartment – Current lease until Nov 2011.

With an elevated outlook across the central CBD, this well positioned apartment is located on the sixth floor of the fully serviced apartment complex Somerset’, the property offers an excellent investment opportunity, currently returning approx $19,340 per annum. This is a unique investment with guaranteed returns in a managed complex.

Located steps from the restaurants of Chinatown, the bustling Darling Harbour precinct and the entertainment amenities of the CBD, there is abundant transport options, restaurants, cafes and shopping all within steps of the front door this makes it appealing for a captive rental market. The complex features resort facilities, including indoor heated pool, sauna, gymnasium and concierge.

The property opens to a combined living and dining space that flows to the entertainer’s balcony with its city skyline views. The apartment is flooded with natural light from the picture windows throughout, and the clean lines of the modern design make for an ultra low-maintenance abode. Accommodation comprises of one double-sized bedroom with built-in wardrobes and a pleasant outlook. The kitchen and bathroom feature designer fittings, and the apartment has a modern appeal.

View: By appointment only