117/15 Springfield Avenue, Potts Point NSW 2011

This strata studio would be ideal for those looking for a strong rental yield and long term tenant, leased to Quest Potts Point, a well-respected hotel operator and assures you receive a constant rental income (not dependent on your suites occupancy).

This apartment has a kitchenette with gas cook top, built-in wardrobe and ensuite style bathroom and air conditioning
Perfectly located only moments away from the Kings Cross Train station, Potts Points Cafe precinct and within easy access to the CBD.

- Current Rent: $349.45 per week
- Lease Terms: Leased until 2018 (Additionally, the tenant has 4 x 5 year options)
- Rent Increases: By 4.5% In December 2016 and 2017

Strata: $498.24 per qtr (Admin $226.36, Sinking $271.88) tenant pays the admin fund
Water: $185.79 per qtr
Council: $ 169.84 per qtr