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Sold - Cronulla Beach, NSW

Sold – Cronulla Beach, NSW

34m2  Studio Bedrooms 1 Bathrooms Year Built: 2001

Quest Cronulla Beach is located directly opposite North Cronulla Beach, only 30km from the Sydney CBD, 18km from the airport and the train station just a 5 minute walk away. Other attractions in the area are the Woolooware Golf Course, Hazelhurst Art Gallery and Cape Solander Whale Watching. A blue chip investment, front facing, in a highly desired beachside suburb.

Lot Asking Price status Gross Return Net Return Weekly Return Annual Rent Statement of Information
26 $308,000 Avail 6.37% 5.35% $377.00 $19,643.92

CPI INCREASE DUE IN FEBRUARY 2019:

Current Return: 6.37% Gross / Net 5.35%
Next Rent Increase: 14th February 2020

Lease Terms: Lease to 14/02/2021 plus 6 x 5 Year options
Rent Increases: CPI increases yearly with market rent reviews every 5 years (next due 2021)

Beautiful studio apartment boasting a desired position with picturesque outlooks to palm trees on Kingsway and only a few steps from cafes, restaurants and the beach.
With spacious bathroom complete with bath tub and laundry and kitchenette facilities, its a great addition to any portfolio.

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