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Positioned above Cathedral Junction, this apartment offers an unparalleled opportunity to immerse yourself in the heartbeat of our city's redevelopment. With current management in place, you can enjoy a hands-off investment. This flexibility ensures that your investment aligns perfectly with your lifestyle and goals.
Key Features:
• Stratum in freehold- Studio Apartment
• Managed by Quest Apartments - you will not have to deal with tenants as this is looked after by the hotel, the final lease expiry is on 24/05/2029
• The total floor area of approximately 29m2 more or less
• CV: $150,000
• Rates: $1,314.16 per annum
• Body Corp Levy: $3,362.96 per annum (including GST, Levy Period 1/3/2024 to 28/2/2025)
• Generating a return of approx. $15,560.00 per annum plus GST(if any) is paid directly into your bank account
Asking Price: $165,000 plus GST (if any)
This is a great opportunity for investment. The highly motivated vendor is eager to sell.
Now is the right time to secure a smart investment. Contact May Ma at 021 821 600 or Mark Li at 021 330 678 to make a deal!
NOTE - photos are of a similar unit in the building, furniture will differ from photos.