This apartment is perfectly located in the heart of CBD, managed and operated by Quest Group. It has an annual income of $20,819 with 4% p.a. increase, providing an excellent investment opportunity.

- Excellent return of 7% nett
- Eligible tax depreciation benefits
- The Quest Group manages apartments over 100 locations Australia wide.

The advantages:
- Low outgoings & no repair costs
- Rental always pays on time
- Always maintained to professional standard
- Commenced August 2002, 5 x 5 year term

Price Guide: $269,500+

Approximate Area: 65sqm

Gross Rental: $20,819 (2008-2009)
Approx. Sinking: $742 p.a.
Approx. Water: $608 p.a.
Approx. Council: $630 p.a.
Approx. Net Rental: $18,839 p.a.
Approx Return: 7% p.a. nett

Inspection: By appointment only.

Address: 8 Dixon Street, Sydney NSW 2000

Details:
Alan Cheung 0413 945 002
Edward Poon 0413 218 975