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39 / 82-88 King William Street

Adelaide

2

Beds

2

Baths

Quest On King William

" Positively geared investment. "
Two bedroom furnished apartment with two bathrooms. Located on the fifth level in an Adelaide icon building on the corner of Grenfell and King William Streets. A secure hassle free, positive investment opportunity in the heart of the CBD.
Long lease in place with 4% increase per annum until 2022.
Current rental is $35,689.83 per annum.
Ideal for self managed super funds or long term investors, with a gross yield of 9.6% and a net yield after outgoings of 6.6%.
Next rental increase is 1 November 2015.

Sold on Oct 21, 2015

$360,000

CONTACT AGENT

BRONTE MANUEL

Owner, Director + Auctioneer at TOOP+TOOP

0439 828 882
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