PROPERTY SUMMARY
Property Description
(Note that this is an investment property only)
Ali Yagmur of Domain Illawarra Real Estate is proud to offer this truly wonderful one bedroom investment in the Quest Apartments located in the heart of the city. New lease signed with options till 2040 making this a unique investment opportunity for the astute investor and or self-managed super fund.
The current rental is $517.43 per week with 4% increases set annually. This is an excellent investment for your future or your self-managed super fund with absolutely no vacancy period and guaranteed rent.
This lovely apartment is located on the 7th floor and is 51 sqm internally with 14 sqm of allocated undercover parking on title. Featuring a spacious open plan living area with reverse cycle air conditioning that combines with the dining and kitchen. Built in wardrobes to the spacious bedroom with a modern bathroom and internal laundry.
These serviced apartments have become the fastest growing sectors of the accommodation markets. Quest has emerged to become the largest and most successful apartment hotels brand in Australasia.
Outgoings per quarter:
Council $338.42
Water $158.45
Capital Works $367.25
Admin Paid by tenant.