130/15 Springfield Avenue, Potts Point NSW 2011

Investors only. This strata title studio apartment is leased to a proven boutique hotel operator Quest Potts Point. With a strong rental yield, low outgoings and no vacancy factor - this could be an ideal long term investment or SMSF purchase.

+ Long lease until 2018 (plus 4 x 5 year options)
+ Rent $418.04 per week
+ Yearly rental increases (4.5% annually) and a market review every 5th year.
+ Excellent Location
+ Recently refurbished and in excellent condition
+ Hassle free investment

Positioned on level 1 of an extensively renovated Art-Deco building, conveniently located in the heart of vibrant Potts Point with easy access to cafes, transport and the CBD.

Size: 23 sqm
Strata Admin: $466.84 per qtr (tenant pays the admin portion)
Strata Sinking: $306.90 per qtr
Water: $180.35 per qtr
Council: $165.89 per qtr