FULLY LEASED at $550.00pw : This 2 Bedroom + 2 Bathroom apartment is on the 2nd floor, with a southerly aspect from the generous balcony. The apartment has fully ducted air conditioning to all rooms, a modern kitchen with euro style appliances. The bedrooms are large by apartment standards (3.0 x 3.6) and are fully carpeted. This property is fully furnished and is sold as such and also comes with a dedicated carspace in the buildings underground secure carpark. Currently fully tenanted at $28,600 pa. (to January 2011), this property has averaged 10%pa capital growth + 10%pa rental growth + 100% occupancy for the last 6 years. Managed by the in-house agency providing maximum returns / low outgoings. Huge growth projected in the immediate area (multiple high rise complexes planned).

Also #11 in Ikon available For Sale $495,000, similar to above 2bed + 2 bath, unfurnished, fully rented.

A copy of the Sustainability Declaration Document is available on request from the Agent.