This affordable Studio is neat and presentable while offering potential to improve and add value.

With a good tenant in place 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, ca fés, The Botanic Gardens, Sydney Opera House and The NSW Art Gallery.

This ideally located and very affordable City pad is perfect to use as a Sydney base or makes a top investment and a great fit for most Self Managed Super Funds.

Current rent: $260.00 Per Week Leased to 29/11/13
Gross Yield of 7.95% or 4.5% Net

- Affordable entry to the city east with potential to improve capital gain.
- Affordable rental within minutes walk to the CBD
- Easy rental location with good long term tenant in place.
- 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.

Estimated Levies:
Strata: $1107.16pq
Water: $168.80pq
Council: $187.70pq

Features