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Property No: 1597394

Unit 211/19 Market St, Wollongong, NSW 2500

Apartment 11
Sold - $142,000 - 31/01/2014
Unit 211/19 Market St, Wollongong, NSW 2500Unit 211/19 Market St, Wollongong, NSW 2500Unit 211/19 Market St, Wollongong, NSW 2500Unit 211/19 Market St, Wollongong, NSW 2500Unit 211/19 Market St, Wollongong, NSW 2500

City Investment

This professionally managed, fully furnished, studio serviced apartment is a good choice for self managed Super Funds and investors seeking a hands free City residential apartment in a prime location. Superior investment opportunity located moments from Wollongong's CBD, pristine beaches and restaurants.

Modern serviced apartments leased to Adina until 2018 with two five year options, fully furnished studio apartment offering impressive base rental regardless of occupancy. Modern complex completed in 2007 with pool facilities, gym, sauna, enviable occupancy rate and depreciation benefits. Management and use of the apartment is governed by a managed investment scheme. Depreciation schedule available on request.

Features:

* High-quality investment suits individual or portfolio
* Fully furnished studio apartment, leased to Adina
* Enviable occupancy rate regardless of occupancy
* Modern complex built in 2007 with pool/gym/sauna
* Moments to CBD, beaches, restaurants and WEC

Base Net Return: $10,746.28pa (approx.)

Property:Apartment
Bedrooms:1
Bathrooms:1
Open for Inspection Times:

By Appointment - Contact Agent.

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