Under Offer. Outstanding investment opportunity - Potential 8%+ return
Ideally positioned within easy walking distance of Sydney University and the CBD and with galleries, pubs and all amenities on your door step this compact fully furnished studio apartment represents an ideal entry level investment property.
Already showing a strong rental return of approximately 7% with obvious potential to substantially increase this to over 8% (apprx $250p.w) through basic cosmetic renovation.
Accommodation:-
* Sunny combined living / bedroom with built in storage
* Tidy kitchenette
* Well presented bathroom
Features:-
* Low-maintenance building (no lift, pool, gym etc)
* Ideal location for strong rental growth
* Existing tenant paying $200.00 per week (expired lease)
* Potential for future renovation
* Shared rooftop entertaining terrace
* Priced for immediate sale
* For full details of outgoings go to www.ch.com.au