Investment Opportunity in Cathedral Junction

Positioned above Cathedral Junction, this apartment offers an unparalleled opportunity to immerse yourself in the heartbeat of our city's redevelopment. With current management in place, you can enjoy a hands-off investment. This flexibility ensures that your investment aligns perfectly with your lifestyle and goals.

Key Features:
• Stratum in freehold- Studio Apartment
• Managed by Quest Apartments - you will not have to deal with tenants as this is looked after by the hotel, the final lease expiry is on 24/05/2029
• The total floor area of approximately 29m2 more or less
• CV: $150,000
• Rates: $1,314.16 per annum
• Body Corp Levy: $3,362.96 per annum (including GST, Levy Period 1/3/2024 to 28/2/2025)
• Generating a return of approx. $15,560.00 per annum plus GST(if any) is paid directly into your bank account

Asking Price: $165,000 plus GST (if any)

This is a great opportunity for investment. The highly motivated vendor is eager to sell.
Now is the right time to secure a smart investment. Contact May Ma at 021 821 600 or Mark Li at 021 330 678 to make a deal!

NOTE - photos are of a similar unit in the building, furniture will differ from photos.