A fantastic investment property with guaranteed monthly income, set in the heart of Cronulla’s vibrant beach and restaurant culture.
Invest and forget. This studio is a permanently leased/rental property, professionally managed and maintained.
This modern east facing studio has all the resort features a visitor to Cronulla would want:
* Fully furnished
* Ocean views from sunny balcony
* Boutique kitchenette
* Full bathroom with internal laundry facilities
* 25m swimming pool, spa, gym and sauna
This investment opportunity guarantees a solid return without the usual hassle of vacancy periods.
Approximate monthly income $1,404pm, gross rental yeild approx. 6.87%. Approximate Strata, levies etc $1,400pa. 15 year lease with 5 year options.
(This property is for investment purposes only and is not suitable for owner occupiers or 1st home buyers at any stage of the ownership).