Fully furnished & securely leased serviced apartment in the heart of the CBD suitable for investors only.Leased till 2013.
? The astute investor will note the outstanding rental return of $1,518 per month/$18,224 p.a. plus all the tax benefits and depreciation allowances for this self-contained apartment
? Enjoy the security of a fixed five (5) year lease with a further four (4) option terms each of five (5) years each (lease till august 2013)
? Income is paid monthly with 5% indexed rent reviews in years two and four of each five year term
? A hassle and maintenance free investment with a professionally run and managed tenant
? Full hotel facilities and in-house restaurant for all guests to enjoy
Property Type: Apartment
Property Size: 38 sq. m.
InspectionInspection by appointment
Mangement fee to property manager is 5% of rent income

For more information please contact Mike Nowotny 0417 963 463