237/15 Springfield Avenue, Potts Point NSW 2011

An ideal investment for those looking for a strong rental yield and long term tenant, leased to Quest Potts Point for $350 per week, a well-respected hotel operator and assures you receive a constant rental income (not dependent on your suites occupancy).

This apartment has built-in wardrobe and large 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.

**Investors only**
Current Rent: $350 per week (increasing to $364 in December)
Lease Terms: Leased until 2018 (Additionally, the tenant has 4 x 5 year options)
Rent Increases: 4.5% (Yearly each December)
Strata: Admin $284.40 per qtr (Tenant reimburses Admin Fund)
Strata: Sinking Fund: $283.50 per qtr

Size: 15sqm