UNDER CONTRACT
This affordable Studio is neat and presentable while offering potential to improve and add value. It's situated in a quiet position with a Northern exposure in a popular well maintained security strata building.
Located only minutes walk to the City's CBD, The Domain, Harbour foreshore, fine dining restaurants, cafés, The Botanic Gardens, Sydney Opera House and The NSW Art Gallery.
This is an ideally located and very affordable City pad, perfect to use as a Sydney base, a top investment and a great fit for most Super Funds.
Rented to a good tenant for the past 3 years at $285.00 Per Week
showing a Gross Yield of 7% or 4.7% Nett
Approximate Levies:
WATER RATES $168.80 pq
COUNCIL RATES $187.70 pq
STRATA RATES $1107.16 pq
- Affordable entry to the city east with potential to improve capital gain.
- Affordable rental within minutes walk to the CBD
- Easy rental location
- hot water & plumbing (included in the levies)
- On site manager & CCTV Security building.
- Garden courtyards, Pool & Well equipped common laundry.
- High income and growth location
- Quiet street with convenient access to shops and transport & facilities.
