505/19a Market Street, Wollongong, NSW

Sold | $189,000
1 1 1

10.18% and 9.65% Gross Annual Return!!

A highly secured, long term lease to a nationally recognised hotel group makes this a hassle free investment opportunity for the discerning property investor. With an approximate age of just 5 years, an exciting investment opportunity awaits. Comprises:-

- Adjoining internal doors for rooms 505 & 506. Buy both or individually.
- Lease to Adina hotel group till January 2018.
- Options could extend lease to 2028.
- Scheduled rental reviews.
- Full information pack available on request.
- Unit 505 - 9.65% & Unit 506 - 10.18% GAR
(Above returns based on performance from Oct 2012 - Mar 2013)

Please note that images shown are not of actual units

Key Features
Property Type
Apartment
Bedrooms
1
Bathrooms
1
Garages
1
Property ID:
3P4012
Contact Agents

Email Agent Call Agent
Office: MMJ Real Estate, Wollongong
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