Sold $315,000 - Unit
SOLD for $315,000
MAY SUIT SMSF (Self Managed Super Fund) INVESTORS. WATER VIEW SERVICED APARTMENT -LONG TERM LEASE WITH “MANTRA ON KENT” HOTEL. OUTGOINGS ONLY $59.69/M • Long term lease with Mantra Hotel (Tenant).– Lease expires on 20/9/2014 with an option for Tenant to extend for a further 5 years to 20/9/2019. • Also managed by Mantra Group (Management Agent) • Level 20 with view • S. W. aspect with water view • 1 double size bedroom, • 1 sparkling modern bathroom with integrated laundry • Spacious living /dining area, • Modern open kitchen. • Approx. size: 39 sqm. • Gross rent $1,668.20 per month (Note: CPI rental review due on 21/9/2013) • Total outgoings approx. $59.69 per month • Net rent $1,608.51 per month • Tenant pays council and water rates, and rest of strata levies • Very convenient location: at Sydney retail precinct, close to Townhall and Wynyard stations, QVB, vibrant Chinatown & Cinemas area, Darling Harbour, Star City Casino, Cockle Bay & King Street Wharf, and Entertainment Centre.