Great opportunity for astute investors looking to purchase a secure investment with no vacancy factor, this fully furnished, spacious & modern one bedroom apartment (with balcony & parking) is currently leased as a serviced apartment to the popular Mantra Hotel in Chatswood. It is superbly located next to Chatswood CBD, walk to train, bus, shops, restaurants and schools.
The current 5 years lease is up to November 2014 and has a further option of 5 years. Current NET rental income is $1,771.98 per month. Subject to actual sale price the net yield could be around 6%. An opportunity like this doesn't come up very often. Call in for an inspection!
Features:
- Good size bedroom with built-in
- Sunny spacious NW aspect entertaining balcony
- Modern open plan kitchen with dishwasher
- Modern bathroom
- Internal laundry
- R/C air-conditioning
- Security parking...