470/15 Springfield Avenue, Potts Point NSW 2011

This strata title apartment is leased at $407 per week to a proven boutique hotel operator Quest Potts Point. With a strong rental yield, low outgoings and no vacancy factor - this could be an ideal long term investment or SMSF purchase.

+ Long lease until 2018 (plus 4 x 5 year options)
+ Rent $407 per week
+ Periodic rent reviews (4.5% annually)
+ Excellent Location
+ Recently refurbished and in excellent condition
+ Hassle free investment

Positioned on the top floor of an extensively renovated Art-Deco building, conveniently located in the heart of vibrant Potts Point with easy access to cafes, transport and the CBD.

Size: 21sqm
Strata: $723.82 per qtr (tenant pays a portion of this amount)
Water: $180.35 per qtr
Council: $165.80 per qtr
Rent: $407.40 per week