Centrally located in the heart of Wollongong CBD, an easy stroll to restaurants, cafes, cultural attractions, shopping precinct, and Wollongong's harbour and beaches.
With a thriving economy this one bedroom apartment with car park on title will attract investors wanting to secure a solid New South Wales investment.
4% increases to the rent until 2020.
Lease Details
Current Rent: $380 per week ($19,757 per annum)
Set 4% rental increases.
Lease: 1st Term until 14/06/2020 with 4 x 5 Year options
Rent Increases: 4% yearly with market rent reviews every 5 years (next due 2020)
Rent schedule:
June 2016- $380 per week ($19,757 p/a) - 6.37%
June 2017- $396 per week ($20, 548 p/a) - 6.62%
June 2018- $411 per week ($21, 370 p/a) - 6.89%
June 2019- $427 per week ($22, 224 p/a) - 7.16%
