107/54A West Esplanade

Manly NSW 2095

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* This fully furnished strata studio holiday apartment is the most hassle free investment you could own
* Recently renovated with a chic presentation including new kitchen with stone bench tops
* The sale also includes ownership of the near new furniture and appliances
* Private balcony overlooking The Corso
* Internal laundry facilities in the modern bathroom
* The apartment is currently leased until 30th August 2017.
* The secure tenant pays the landlord a guaranteed NET rental of $17,877 p.a with a CPI rent increase each year. (Note: The tenant also pays the outgoings - water rates, council rates, strata levies, and maintenance of the apartment)
* In return the tenant sublets the property as holiday accommodation for their own commercial gain
* When the lease expires in August 2017 you can grant the tenant a further lease term or you can take back occupation to use as your holiday pad and/or do your own holiday letting.(e.g. Stayz or Airbnb) Note: The nightly rate for a weekly or short term monthly tenancy would command around $250 per night or $1,750 per week. You can holiday let or live in it for up to 90 days at a time
* This modern and beautifully maintained landmark building is situated in the heart of Manly and directly opposite Manly Wharf and beach within walking distance to all the amenities that this popular beach side tourist destination offers
* Investors - Run for this ONE!
Note: This serviced apartment is approved for holiday letting or short term stay only
STUDIO APARTMENT
INVENTORY
1 X UNDER BENCH REFRIGERATOR
1 X DISHWASHER
1 X QUEEN BED ENSEMBLE
2 X BEDSIDE TABLES AND LAMPS
1 X SMALL DINING TABLE
2 X DINING CHAIRS
1 X DESK + CHAIR + LAMP
1 X TWO SEAT LOUNGE
1 X SIDE TABLE
1 X IN ROOM SAFE
2 X BALCONY CHAIRS + 1 SMALL TABLE
1 X FRONT LOAD WASHING MACHINE
1 X CLOTHES DRYER
CURTAINS AND TRACKS
1 x TELEVISION
1 X TIMBER ROOM DIVIDER
1 x PACKAGED AIR/CONDTIONER UNIT (LOCATED IN CEILING SPACE)