INVESTMENT OPPORTUNITY - $2950000

Description

Block of 3 three bedroom apartments plus six security car spaces to be sold in one line. Strata potential. Fully leased to the Defence Housing Authority with annual market rent reviews, these near new (completed in 2006) whole floor three bedroom apartments are being offered for sale in one line with the benefit of a lease which commenced in February 2006 and terminating in February 2012. There is a 3 year option to renew the lease. The property could be retained for long term investment and, subject to council approval, converted to strata title. An internal elevator services all floors from the secure parking in the basement to level 3. The building structure also allows for an additional floor or penthouse to be added at a later date STCA. The property is located approximately 100 metres from the entrance to the Sydney Harbour Bridge and 500 metres from both Milsons Point and North Sydney stations. Open for inspection Saturday 4th July. To arrange an alternate inspection by appointment please call Chris Dawson on 0408 419 300.