Sydney CBD - Serviced Apartment with Secure Parking

Napoleon on Kent
This bright, fully furnished 1 bedroom apartment with a secure car space offers a standing income as a serviced apartment, with minimal costs for casual owner occupation as required.

Currently yielding an average income of approximately $45,000 p.a (gross), this top floor 1 bedroom apartment with views to Darling Harbour / Barrangaroo will be a valuable long term asset, being several hundred metres from Wynyard in the heart of the CBD of Sydney City, as well as being at the entry point to the fabulous and historic Rocks district and the soon to commence Barrangaroo commercial hub and parklands.

If you or your staff are regular travellers to Sydney for business, this would make a useful corporate apartment, with regular income when not being utilised in-house and cleaning / linen costs as the stay rates for owners' occupation.

The whole building is expertly run by Mint Apartments. See www.staymint.com

This property comes with a car space on a separate title, which is also leased through Napoleon on Kent.

We advise that the LEASING MANAGMENT AGREEMENT with Staymint MAY BE CANCELLED WITH THREE MONTHS NOTICE.

OUTGOINGS
Strata Rates - $976.20 per quarter for the apartment & $141 per quarter for the car space = $1,117.20 per quarter
Water Rates $139 per quarter
Council Rates $$170.60 per quarter

Details Matthew Landa 0412 258 262 or [email protected]

All offers will be considered and kept in confidence.