$$$ SELLING AT OVER 6.1% NET RETURN $$$ based on 4y average income.
Ideal for Investors & Self-Managed Super Funds Who Want a Top Income with a no fuss investment property in a blue chip location.
This spacious modern 53m2 apartment is in a quiet, prime, central city, location only moments from Pitt St Mall, Martin Place Station with cafes, restaurants and at a plethora of entertainment options at your door.
Successfully operated as Medina Classic Martin Place since 1998 There's a new secure leased for 10 years so you know your investment will be professionally managed.
Medina Classic has been successful operating this building for over 13 years and consistently providing fantastic returns. Medina is a leading serviced apartment and hotel operator catering to the business and holiday markets with hotels in 21 locations throughout Australia.
The Apartment Features:-
- Quality European kitchen & appliances
- Internal laundry with washer and dryer
- Spacious living areas opening onto a balcony
- Large Bedroom with built in wardrobes & balcony
- Reverse cycle ducted air-conditioning
- Gym
- Furnished to a high standard and fully equipped to operate
- Quiet Convenient Location in the heart of the city
- Well managed and maintained Building 14 year old building.
- Strong rental & growth location
- Security building with intercom and on-site manager
- Only moments' walk to Martin Place rail station, Sydney's best restaurants shops & Cafes or a short stroll to the ferries at Circular Quay, the Sydney Opera house
& a multitude cinemas
NOTE: This apartment is for investors only and cannot be occupied as a residence. (STAYS AS A GUEST ARE PERMITTED AT A DISCOUNT & you still get income)
NO STRATA RATES - NO COUNCIL RATES - NO WATER RATES - NO AGENCY FEES
All experienced are paid prior to owners income distribution so you
don't have to pay any additional with rates.
This is a quality property with a professional experienced proven manager offering top market returns so be quick this would last long.
Foreign purchasers are welcome as this is not a residential property.
Contact: Reno Romeo 0418 285 538
[email protected]
Dish washer
Blinds
Curtains
Range hood
Stainless Steel appliances
Clothes Dryer
Built in wardrobes
air conditioning
Fully furnished with all accessories
Features
- Reverse Cycle Air Conditioning
- Balcony
- Built-in Wardrobes
- Gym
- Intercom
- Dishwasher
- Pay TV Access