708/28 Macleay Street, Potts Point NSW 2011

A superb opportunity for the clever investor looking for a strong rental demand location.

Offering a perfect blend of lifestyle living and a prestigious location, this studio has potential to renovate and generate a greater rental return, with a tenant on standby at $460 per week after a total renovation.

The Macleay, opposite Rockwall Crescent, provides access to superb facilities including a sunny pool and laundry facilities.

+ 2 lifts, sunny pool
+ Kitchenette and ducted AC
+ Every convenience at your doorstep
+ Local bus near the door
+ Short walk to Kings Cross Station
+ Footsteps to popular eateries

Total area: 22sqm

Investors Note
This studio is currently leased for $360 per week - tenant would like to stay on.
Alternatively, Macleay Apartments, a long established business has offered to assist with renovations and look after this apartment, offering the new owner $460 per week once renovated under this arrangement. There will be no vacancy period, no letting fees and no management fees.

Outgoings
Apartment Levies: $1,524 per quarter
Council Rates: $278 per quarter
Water Rates: $180 per quarter

Strata Agent
Dynamic Property Services Ph: 9267 6334
Lot 92 SP46507

Disclaimer: We have been provided with the above information, however, Laing+Simmons gives no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided. All interested parties are responsible for their own independent enquiries in order to determine whether or not this information is in fact accurate.