Positioned within the centrally located Quest Apartment complex, this exceptional one-bedroom apartment is the prefect set-and-forget investment. Offering a long term secure lease to Quest apartments with guaranteed annual rental return of $28,800 per annum.
* Spacious one bedroom apartment on level four
* Fully furnished throughout incl washing machine and dryer
* Brand new kitchen and bathroom installed Nov 2025
* Roomy air-conditioned living area with adjoining balcony
* Large eat-in kitchen with dishwasher and electric cooking
* Secure car space for one vehicle, with gated entry
* Newcastle city, beaches and harbour foreshore nearby
* Short walk to Newcastle rail interchange and light rail system
Crunching The Numbers
* Guaranteed Rental Return - $28,800 PA
* 5-year lease to Quest ending 11 June 2030
* 3 options to renew for a period of 5 years each
* Rent increased by 3% per annum for years 2 to 5
The Lessor (owner) will pay during the term:
Council Rates $1,641 PA approx
Water Rates: Paid by Quest
Strata levies: $1,191 PQ approx
An affordable investment opportunity in a prime harbourside location.
