37sqm beachside apartment currently leased until Feb 2011
3 further options periods of 5 years each
Current Gross Annual Rental Return – $15,578.64
Annual increases of 4% in February
Annual Outgoings – Total $2024

* Council – $640
* Water – $416
* Strata – $968

Current Nett Annual Rental Return – $13,554.64
Current Nett Annual Yield – 5.02%

Set in the heart of Cronulla’s vibrant beach lifestyle is this superb opportunity to secure the ideal investment.

* Studio apartment with ocean & park outlook
* Kitchenette, bathroom & internal laundry facilities
* Resort style facilities including pool, spa, gym & sauna

This fantastic investment opportunity guarantees a solid return without the usual hassle of vacancy periods.

Inspection strictly by appointment only.
Contact Nigel Roberts for more information or to organise your on-site inspection – 0414 266 376