Sold – Cronulla Beach, NSW
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|
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.