Address available on request, Manly NSW 2095

* World class location - boasting panoramic never to be built out Harbour water views
* This true 1 brm furnished strata serviced apartment (61m2 + 15m2 security parking on title) is the most hassle free investment you could own
* A serviced apartment is generally defined as a building or part thereof, approved for the purposes of holiday letting/short term stay only, generally not exceeding 3 consecutive months
* The tenant (Quest Apartments) being the service managers downstairs pays a guaranteed rent to the owner - In return they sub-let to visitors and tourists for their own commercial gain
* Showing a guaranteed NET return of approx. $500 per week + CPI increases annually (Note: All outgoings including council, water, general body corporate levies and maintenance are also paid by the tenant)
* The current lease expires in August 2017 and on that date you can lock in another long term lease with the tenant (Note: The tenant has leased the property on a commercial basis for approximately 19 years from brand new )
* Alternatively, after the expiration of the current lease in 2017 you can take possession back as your own holiday pad and/or manage your own holiday rental/short term stay for a much higher yield such as stayz.com or short term corporate leasing (Note: Daily serviced holiday accommodation rates in this complex and prime location command around $385 per night)
* Recently renovated including new kitchen, the sale also includes ownership of the near new furniture and appliances
* Security car space on title
* This modern and beautifully maintained 19 year young landmark building is situated in the heart of Manly and directly opposite Manly Wharf
* Investors - Run for this ONE!