• 33 / 59 Kembla Street, Wollongong
  • 33 / 59 Kembla Street, Wollongong
  • 1Bedrooms
  • 1Bathrooms
  • 1Garages
Sold by Jason Hines - 0412 939 710

"Investment Opportunity"

A guaranteed rental investment available in Wollongong CBD.

Spacious 1 bedroom apartment on the 7th floor with a single secure car space that has recently been refurbished.

Currently leased at $424.00 per week ($22,058 per annum) to Quest Apartments.

A very well run and secure investment that is hassle free.

Lease renewals are renewed every 5 years with annual increases of 4% each year.

The rent is as follows:

- Year 1 - $21,210 per annum or $1,767.49 per month, July 2015-June 2016
- Year 2 - $22,058 per annum or $1,838.19 per month, July 2016-June 2017
- Year 3 - $22,940 per annum or $1,911.72 per month, July 2017-June 2018
- Year 4 - $23,858 per annum or $1,988.19 per month, July 2018-June 2019
- Year 5 - $24,812 per annum or $2,067.72 per month, July 2019-June 2020

Body corporate fees are only $300.70 per quarter.

For more information please call today on 02 4226 3733 - 7 days.