Cremorne

316/287 Military Road

1

SOLD - Undisclosed

Fabulous investment with fixed income

The perfect investment! this apartment offers you the opportunity to sit back and enjoy the return that this 3rd floor studio produces. Currently leased to the Park Regis Hotel group for the next 2.5 years at a weekly rent of $400.00 with annual CPI increases and no management fees. This truly is one of the best investments on offer in today's market.

This Apartment is located on the harbour side of the building with pleasant water views, has lift access and separate lock up storage.
Approximate quarterly outgoings:
Levies: $920
Council rates: $184
Water rates: $157
TOTAL: $1,260 per quarter

Please contact us for an appointment

Details: Andrew Thomas 0421281234 or andrew@cremornefn.com.au

Solicitor: Joseph Pinto, J. S. Pinto & Co : 02 9560 0977, Level 1, 82-86 New Canterbury Road Petersham NSW 2049, pinto.lawyers@gmail.com

Strata Manager: , McCormacks Strata Management : 02 9299 6722, Level 2, 275 George Street Sydney NSW 2000, info@mccormacks.com.au

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