107/47-49 Chippen St, 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
- Rents increase by CPI every year
- Spacious open plan living flowing onto balcony
- Well maintained kitchen with a 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
- Facilities include rooftop terrace, sauna, pool, spa 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: 57m2
Internal Area: 43m2
Aspect: West
Level: One
Tenancy: Tenanted by Nesuto Chippendale
Expires on 29/2/2028 (1 further option for the tenant to extend for 10-years 29/2/2038)
Rent Return: $2,203 per month per month
Next Rent Review: CPI 1/3/2020

Outgoings (per quarter):
Strata: $1,416
Water: $178
Council: $260
Maintenance: 3% of annual rent

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.