INVESTORS ONLY and not for the owner occupier, this light filled serviced apartment positioned on level 14 of the highly sought after 'Oaks on Market' hotel is absolutely the ideal choice for investors seeking a secure peace of mind, worry free, high yielding investment property (8.0% Gross approx.) with a current rent of $15,339.96 gross approx. per annum, and annual market reviews.
This spacious studio style apartment features open plan living, a bright northerly city aspect, plenty of built ins, a well appointed kitchen area, electric cooking, central heating & cooling and a stylish tiled bathroom with bath.
LEASED- Until 31st August 2026, with a further term of five years to 31st August 2031.
TENANT (OAKS) PAYS - Owners Corporation Admin Fees, Council Rates, Water Rates.
OWNER PAYS - Maintenance Fund $1,370.80 pa approx. pa approx. Plus a Special Levy $521.04 pa approx. (Until 01/01/2028
INSPECTION - Is by private appointment only . Please contact Robert Eggers 0412 329 340
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