Fantastic investment opportunity within a well-established hotel in the heart of the CBD. A style of property rarely offered, this apartment has a secure long term lease with the Seasons Hotel for the next 5-10 years. Very low maintenance investment, great for superfunds. This property can only be leased; an owner is not able to live in the apartment.
- New 5 x 5 year lease with set built-in rent increases
- Current rental return is $19,557.71 per annum
- The tenant/hotel pays for strata, council, water rates
- Located on the 12th floor with great outlook
- Bright and modern 1bed/studio apartment, 33sqm internal
- Air-conditioning, kitchenette and laundry
- Great CBD location, very close to Darling Harbour
- Easy access to trains, QVB, restaurants and landmarks
- Owners may use the apartment on a nightly basis

Capital works fund (Sinking) $282pq