246/15 Springfield Avenue, Potts Point NSW 2011

Excellent strata title investment property with assured rental income from proven boutique hotel operator Quest Potts Point. The recently refurbished suite is leased at $425 per week with built in yearly rental increases and a long lease makes this a hassle free investment opportunity.
Perfectly located in the heart of Potts Point, moments away from the areas array of culinary delight and easy access to the CBD.

- Current Rent: $425 per week
- Lease Terms: Lease to 30th November 2018 with 4 x 5 Year Options
- Rent Increases: By 4.5% In December 2016 and 2017 (Rent Reviews At 5th Year - Next Due 2018 and 6% Ratchet Clause)

This is a wonderful opportunity for a long term investment or SMSF purchase.