204/47-49 Chippen St, Chippendale NSW 2008

Presenting an outstanding investment prospect in the vibrant heart of Chippendale! Here is a well maintained serviced apartment in a high demand location with wonderful building facilities and a secured long term tenant. This truly is a smart move for any investor.

Property Features:
- Studio apartment with Parking
- Classified as a Serviced Apartment
- Guaranteed rental income
- Rents increase by CPI every year
- No management fees!
- Spacious open plan living flowing onto balcony
- Neat and tidy kitchenette
- Open and spacious living and bedroom space
- Fully tiled bathroom with modern finishes
- Sheltered balcony with pleasant views
- Internal laundry, air-conditioning
- 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: 48m2
Internal Area: 34m2
Aspect: East
Level: Two
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: $1,895 per month

Outgoings (per quarter):
Strata: $1,133
Water: $178
Council: $260

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.