Sold: Rockhampton, QLD
Located on the Fitzroy River amongst the business, restaurant and entertainment precinct, Quest Rockhampton suits business and leisure travellers alike. The property also features an onsite gym, conference room and secure basement car parking. The apartments are spacious and feature two bathrooms, open plan living and dining areas, twin key design, fully equipped kitchens and laundry facilities.
Quest Rockhampton was completed in September 2013 and is located on a river front block in the central CBD area.
|Lot||Asking Price||Status||Gross Return||Net Return||Weekly Rent||Annual Rent|
Next Rent Increase: September 2017
Next Market Review: September 2018 (every 5 years)
Lease Terms: Lease to September 2023 plus 4 x 5 year options
Rent Increases: 4% annually (except market review years)
Approximate Owner Outgoings:
Council Rates: $2500 per annum. (approx)
Water Rates: Included in council rates
Body Corporate Administration fee: Paid by tenant
Body Corporate Sinking fund: $850 per annum. (approx)
*Photos are generic and are not of a particular lot. All apartments feature identical fit outs.