105/47-49 Chippen Street, Chippendale NSW 2008

This well appointed and maintained serviced apartment offers an exciting investment opportunity. In an excellent location and boasting wonderful building facilities, this serviced apartment is a smart move for any investor.

Property Features:
- Classified as a Serviced Apartment
- Guaranteed rental income for at least 10 years
- Rents increase by CPI every year
- No management fees!
- Spacious open plan living flowing onto balcony
- Well maintained kitchen with dishwasher and electric stove
- Large bedroom with built-in wardrobes
- Fully tiled bathroom with modern finishes
- Sheltered balcony with pleasant tree lined views
- Internal laundry, air-conditioning
- All furniture and appliances included
- Facilities include rooftop terrace, sauna, pool and gym
- One secure car parking space
- Concierge and lift access

Set in a secure building in the heart of Chippendale, you can enjoy Cleveland Street cafes and shopping whilst having easy access to buses and train stations. An easy walk to Sydney University, Ultimo TAFE, UTS, Central Train Station and many surrounding parks and attractions.

Property Facts:
Total Area: 52m2
Internal Area: 38m2
Aspect: West
Level: One
Tenancy: Tenanted by Waldorf Apartments until February 2028
(with an option for a further 10 years to 2038)
Rent Return: $2,203 per month

Outgoings (per quarter):
Strata: $1,416
Water: $175
Council: $264
Maintenance: 3% of gross rents

To find out more about what 'Serviced Apartment' means and why they make good investments, check out our article FAQ: https://www.metrorealty.com.au/servicedapartmentssydney/

To make an offer to purchase please contact Joseph Fairchild on 0425 945 888 or email [email protected].

Disclaimer: We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Interested parties should make their own independent inquiries as to the accuracy of the information provided.