CALL 1800 MY QUEST (1800 697 837):

SOLD - Wollongong, NSW

SOLD – Wollongong, NSW

50  1 Bedrooms 1 Bathrooms 1 Garage Year Built: 2005

Centrally located in the heart of Wollongong CBD, an easy stroll to restaurants, cafes, cultural attractions, shopping precinct, and Wollongong’s harbour and beaches.

With a thriving economy this one bedroom apartment with car park on title will attract investors wanting to secure a solid New South Wales investment.

4% increases to the rent until 2020.
Lease Details
Current Rent: $370 per week ($19,248 per annum)
June 2017 Rent: $384 per week ($20,018 per annum).
Lease: 1st Term until 14/06/2020 with 4 x 5 Year options
Rent Increases: 4% yearly with market rent reviews every 5 years (next due 2020)

Lot Asking Price Status    Return Weekly Rent Annual Rent
Lot 13 $315,000 SOLD 6.11% $370 $19, 248

NO MANAGEMENT FEES- LOW OUTGOINGS!
Rent schedule:
June 2016- $370 per week ($19,248 p/a) – 6.11%
June 2017- $384 per week ($20, 018 p/a) – 6.35%
June 2018- $400 per week ($20, 818 p/a) – 6.60%
June 2019- $416 per week ($21, 651 p/a) – 6.87%

Outgoings:

Council Rates: $1150 per annum
Water Rates: $730 per annum
Strata Levies: LOW: $1150 per annumshow less

Location

People also visited