Superbly located with the harbour, Jetty Beach and restaurants almost at your doorstep, this apartment represents a strong long term investment.

As part of the observatory holiday complex it is fully managed on site and is fully furnished and fitted for short term accommodation, no permanent residence.

There are currently no strata fees, as all management and maintenance costs are taken before disburment of income.

This apartment offers three bedrooms, two bathrooms, two car accommodation and a sunny balcony with harbour views.

Net
income for the period of July 2009 to June 30th 2010 was $27,615 after expenses.

With future development of the harbour precinct pending this will be an even greater investment.

Rates: $1,712.92 p.a.