21/575 Hunter Street

Newcastle West NSW 2302

'Calling All Savvy Investors! - The Quest ApartmentsnA smart investment opportunity available in one of Australia's most liveable cities! Newcastle has plenty to offer to astute investors with an abundance of major infrastructure and development currently in the pipeline. As well as major infrastructure and development bringing workers to Newcastle there is also a tourism aspect which is currently underestimated.Newcastle's stunning coastline, beaches and lifestyle bring an average of 7,589,000 people to Newcastle from both international and national countries and cities each year, a cracking statistic that will hold you and your investment in good stead moving forward.This apartment features;-A large open plan living area combining kitchen, dining and lounge room with split system air conditioning.-Complete kitchen with all appliances including dishwasher.-Large bathroom with access from living area and main bedroom.-Spacious bedroom with built in robe.-Internal laundry combined with bathroom.-Huge outdoor terrace balcony amongst the trees - great feature.-Furniture owned, supplied and periodically updated by The Quest Apartments.LEASE DETAILSThis 1 bedroom serviced apartment is currently on a lease with The Quest Apartments until June 2015 with 3 'Options to Review' for periods of 5 Years.The current rental income is $1,500 per month or $18,000 per annum.OUTGOINGSSinking Fund (Strata) - $870.60 Per AnnumCouncil Rates - $933.18 Per Annum (50% Paid By Owner - 50% Paid By Quest Apartments)Water, Electricity and Gas rates and usage are all paid by The Quest Apartments.WHAT IS EXPRESS SALE?Express Sale is a 'no price' method of marketing real estate which is exclusive to Century 21. The property is promoted without a price however it is for sale NOW. There is no waiting period or 'closing date' to submit your offer. The property will be promoted by Express Sale for a period of 2 weeks unless it sells prior. The property can be sold at any time during the Express Sale marketing if the owner receives an acceptable offer. If the property has not sold in the 2 week 'no price' period then it will be promoted at a price. The majority of properties we have promoted for sale with this innovative and exciting method have sold within 2 weeks, prior to a price being advertised. We can advise buyers who enquire on an Express Sale property whether the property is within their budget without disclosing what price the seller would like to achieve. If you are considering buying a property by Express Sale or selling a property by Express Sale - call NOW for more information.