2 Cunningham Street, Sydney (Opposite to World Square – Goulburn St)
This multi level tower featuring 8 floors of serviced apartment is located within the new growth area of Sydney’s Southern CBD right opposite bustling World Square. It operates as a 72 room. 4.5 star serviced apartment complex catering to business visitors and tourists.
As investors in Quest World Square you entre into a lease arrangement where the rental of your apartment is managed by Cunningham Street Quest Pty Ltd as part of Quest Accommodation Group’s chain of serviced apartment operations.
- Guaranteed Rental Income regardless of occupancy.
- All apartments come fully furnished including Smeg appliances and flatscreen TVs.
- 5 year lease with 4 x 5 year options
- Absolutely NIL on-going Management Fees.
- No Agent letting fees.
- Your only annual cost as the Landlord and Owner is to pay the Council and Municipal rates and sinking fund. All other Annual Outgoings eg. Body Corp and Strata Levies will be paid for you by Quest.
Price starts from $402,000
Return on Investment: 5.5% p.a.
Increase: 4% p.a. (after 2nd year)
Long & secured term: 5yr + 4 x 5 yr option
Inspection by Appointment
Marketing Consultant:
Alan Cheung 0413 945 002