Studio for Sale
High Yield Strata Investment
Property ID 1943933This strata studio would be ideal for those looking for a strong rental yield and long term tenant, leased to Quest Potts Point, a well-respected hotel operator and assures you receive a constant rental income (not dependent on your suites occupancy).
Perfectly located only moments away from the Kings Cross Train station, Potts Points Cafe precinct and within easy access to the CBD.
Current Rent: $331.61 per week
Lease Terms: Leased until December 2018 (Additionally, the tenant has 4 x 5 year options)
Strata: Admin $259.12 per qtr (Tenant reimburses Admin Fund)
Strata: Sinking Fund: $258.30 per qtr