Australia | Chippendale

$479,000

203/47-49 Chippen Street, Chippendale, NSW 2008

# Location

Description

FLEXIBLE INVESTMENT WITH HIGH RENTAL YIELD (UP TO 8.4% NET APPROX.) Serviced Apartment Building.

Presenting a fantastic investment opportunity with multiple ways to earn high rents. The perfect choice for those looking for an Airbnb suitable property and those looking to capitalise on the booming short term rental market. Located in the Nesuto building, you are situated a short stroll away to Central Station, Spice Alley and Broadway Shopping Centre.

- Option to lease on a short term basis with estimated net returns of up to $43,152.20 net p/a fully managed (8.4% return) - Currently leased for $640 p/w, which is a 5% net return after strata, water & council

- Can be leased though Nesuto Hotels for a flexible, hands off management experience - Including a valuable security car space on title, security access building, lift access - Spacious living area which flows onto balcony, bedroom with built in wardrobe - Fantastic building facilities including, pool, spa, gym, sauna and rooftop area - Strata: $1,455.10 p/q, Council: $308.20 p/q, Water: $179.90 p/q - approx.

*Images featuring virtual furnishings

Call Brenden Taliana on 0402 634 828 or email brenden@sydneycoveproperty.com.

All information contained herein is gathered from sources we deem to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

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Brenden Taliana

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5 (14 Reviews)

Bryn Fowler

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5 (14 Reviews)

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  • Level 1 / 111 George Street, THE ROCKS, NSW 2000
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