Investor alert! Long-term lease returning $24,799 per annum

Modern two-bedroom apartment on a long-term lease through to 12 June 2020, currently returning $24,799 per annum, located right in the heart of Newcastle’s rapidly evolving City Centre.

– 90sqm floor area (including balcony)
– Open-plan living/dining area with study nook
– New split-system air conditioning (as of Sept 2016)
– Living/dining area opens to north-east facing alfresco balcony with leafy city outlook
– Immaculate modern kitchen with dish drawer dishwasher and induction cook top
– Shower over bath and partitioned toilet to the well-presented main bathroom
– Generous master bedroom features built-in robe and ensuite with walk-in shower
– Second bedroom features bright balcony outlook and built-in robe
– Well-equipped internal laundry, plus built-in linen cupboard; carpet throughout
– Secure underground parking for one vehicle (13sqm)
– Fully equipped gym and indoor lap pool to modern apartment hotel complex

Tap into an immediate revenue stream and low-maintenance investment opportunity with the security of a long-term lease through to 12 June 2020 complete with reputable and reliable tenant, with four options to renew for periods of 5 years each and minimal outgoings.

Enter through the immaculate modern kitchen with high breakfast bar, dish drawer dishwasher and induction cook top, and into the open-plan living/dining area that features a study nook and split-system air conditioning.

The living/dining area opens to a bright north-east facing balcony with a leafy city outlook.

The two generous bedrooms and modern main bathroom with shower over bath and partitioned toilet are all off the main living/dining area.

There are built-in robes to both bedrooms, plus an ensuite with walk-in shower to the master bedroom and a bright balcony outlook to the second bedroom.

There is carpet throughout, a well-equipped internal laundry, and secure underground parking is for one vehicle.

The sought-after CBD complex also features a fully equipped gym and indoor lap pool, and with a secure long-term lease long-term lease through to 12 June 2020, currently returning $24,799p.a), investors will be circling this opportunity.

Call our selling agent Sam Kolatchew for more information.

**Chapman Property have obtained all information in this publication from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.