Sold
Apartment

702/1 Hosking Place SYDNEY, NSW 2000

Sold on 30 Mar 2012
  • 1 Bed
  • 1 Bath
Office

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Apartment in SYDNEY

Hassle Free Investment with more than 6% net return

  • 1 Bed
  • 1 Bath

This 54sqm fully furnished 1 bedroom serviced apartment is located on level 7 of the "Medina Classic" It is superbly positioned within walking distance to Circular Quay, The Rocks and all the entertainments Sydney CBD has on offer. Current leased to Medina Classic till 31/12/2022.

Annual Income:
July 2007 June 2008 $21,949.17
July 2008 June 2009 $18,567.87
July 2009 June 2010 $16,517.21
July 2010 June 2011 $25,773.10

All the outgoings (including strata levies, council rate and water rate) paid by hotel management. More than 6% of net rental return.

NOTE: This property is NOT suitable for owner occupiers. Investors only

Contact:
Lynn Cheung 0411 148 190 or 02 9289 8920
lynnc@raywhitecitysouth.com.au

Features:
  • Air Conditioning
  • Built-In Wardrobes
  • Close To Shops
  • Close To Transport
Bedrooms:

1

Bathrooms:

1

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Suburb

SYDNEY

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