Currently leased by Metro Hotel until January 2027 with additional 5-year options for renew.
Positioned on the second floor is this fantastic dual key apartment consisting of a 1 bedroom apartment with its own balcony and a studio apartment which can be connected via an internal lockable door potentially creating a 2 bedroom apartment. With the long-term lease in place this property is the perfect set and forget investment.
Features Include:
- Dual key consisting of a one-bedroom apartment and studio on the one title
- Modern bathrooms
- Generous sized bedrooms
- Split-system air conditioning throughout
- Pool in popular city centre apartment complex
- Furniture is owned by hotel
- Annual CPI rent reviews
Ideally set in the popular Metro Apartments complex, walking distance to a huge range of bars, restaurants and cafes in the heart of the city.
Year Built: 2004
Area under title: 100m�
Body Corporate Manager: Network pacific
Body Corp Admin Fund: Paid by Metro Hotel under current lease.
Body Corp Sinking Fund: $552 approx. twice per annum.
Council Rates: $1,600 approx. per annum.
Status: Leased at approx. $1,336 p/month until Jan 2027