100 Greys Avenue,
If you’re an investor who is experienced in this market, you will know this is a great opportunity.
The apartment is in great condition as it is under hotel management until 2021.
This unit is currently receiving over $1100 net profit per month (to be confirmed with the sale agent), which if you compare with some other CBD apartments in hotel leases it’s a great start of your investment.
Obviously the value in this purchase is when the apartment comes out the lease, which could provide you with potential of $100,000 of capital gains.
With all the above figures please contact our sales and they will provide you with all the accurate figures for your next investment.
Disclaimer: Apartment Specialist are often asked to give information as to the area or dimensions of properties, including rooms, decks and patios. Apartment Specialists sources such information from third party sources (for example Council records, building management records) and passes this on; unfortunately it is not uncommon for such information to be inaccurate. If exact and accurate sizes or dimensions is an important factor in your decision then you as Purchaser must make your own independent enquiry from your own chosen expert (for example a registered valuer).