SOLD BY LORNA BAILEY! "The Gardens" Cash Positive 8.5% Return! Act Now!
The rental income over the last 12 months was $30628 net, which represents an outstanding 8.5% return!
A sterling set and forget investment opportunity is now available in the sought after "Gardens" complex.
If you are looking for an investment property with an impressive track record, secured long term tenant and high rental yield then look no further. This top floor 2 bedroom apartment has a fixed term 12 month lease in place (with a further 2 year option)
The spacious 92m2 design offers fully furnished living comprising 2 bedrooms plus a study, 2 bathrooms and a full length north easterly balcony featuring gorgeous views of the Story Bridge, Botanical Gardens and River from the 15th floor.
With the fixed lease in place there is the added bonus of no ongoing management/agency fees and the attractive long lease at $685 per week with 12 months validity (plus a further 2 year option) ensures 100% occupancy so you never have to worry about vacancy periods, costly cleaning turnover or electricity costs!
A landmark Alice Street complex "The Gardens" occupies a prime acre of absolute park front land offering 2 street access and an
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