408/1 Kingsway, Cronulla NSW 2230

Invest in your future personally or via your self-managed super fund. The new lease to Quest for $34,392 per annum (paid monthly), grossing approximately $660/week, giving to a gross return of exceeding 6%. A great return with CPI adjustments built into the lease and the prospect of capital growth too!
The lease is scheduled to terminate 30 June 2018 and has a 5 year option to follow.
111 square metres on title, including 13 square metre car space on the mezzanine level of the secure basement area.
Strata = approx. $589/m
Water = approx. $172/q
Council = approx. $236/q
Real Estate Agents Management Fees = Nil
Now is the time to take advantage of this perfect opportunity to own an apartment in this landmark building with the security of a long term tenant guaranteeing your rental return and allowing you the luxury of a set and forget property investment without the worry of interruptions to your cash flow, as is often caused by vacancies in other investment properties.
Call or email [email protected] to book your inspection or request further information.