23/575 Hunter Street, Newcastle West NSW 2302

CUSTOM MADE SUPERANNUATION INVESTMENT. 3 years remaining (on existing 5 year lease already continued to ten years) with 5 + 5 + 5 + 5 Lease options remaining. Currently Returning $24,799.00p.a. LIKELY 50% FINANCE REQUIRED.

Modern two-bedroom apartment on a long-term lease through to 12 June 2020, currently returning $24,799.00p.a, located right in the heart of Newcastle's rapidly evolving City Centre.

- 90sqm floor area (including balcony)
- Open-plan living/dining area with study nook
- New split-system air conditioning (as of Sept 2016)
- Living/dining area opens to north-east facing alfresco balcony with leafy city outlook
- Immaculate modern kitchen with dish drawer dishwasher and induction cook top
- Shower over bath and partitioned toilet to the well-presented main bathroom
- Generous master bedroom features built-in robe and ensuite with walk-in shower
- Second bedroom features bright balcony outlook and built-in robe
- Well-equipped internal laundry, plus built-in linen cupboard; carpet throughout
- Secure parking for one vehicle (13sqm)
- Fully equipped gym and indoor lap pool to modern apartment hotel complex

Tap into an immediate revenue stream and low-maintenance investment opportunity with the security of a long-term lease through to 12 June 2020 complete with reputable and reliable tenant, with four options to renew for periods of 5 years each and minimal outgoings.

Enter through the immaculate modern kitchen with high breakfast bar, dish drawer dishwasher and induction cook top, and into the open-plan living/dining area that features a study nook and split-system air conditioning.

The living/dining area opens to a bright north-east facing balcony with a leafy city outlook.

The two generous bedrooms and modern main bathroom with shower over bath and partitioned toilet are all off the main living/dining area.

There are built-in robes to both bedrooms, plus an ensuite with walk-in shower to the master bedroom and a bright balcony outlook to the second bedroom.

There is carpet throughout, a well-equipped internal laundry, and secure underground parking is for one vehicle.

The sought-after CBD complex also features a fully equipped gym and indoor lap pool, and with a secure long-term lease long-term lease through to 12 June 2020, currently returning $24,799p.a), investors will be circling this opportunity.

Call our selling agent Heath Podmore for more information.

**Chapman Property have obtained all information in this publication from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.