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44/58 Delhi RoadNorth Ryde

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Great investment opportunity

5 years young one bedroom serviced apartment with existing tenants. 5 minutes walk to North Ryde Train Station. Quest Management is looking after your investment for you, so there is a guaranteed rental income, which is currently more than 7.5% gross return annually, with a generous depreciation ratio for your tax return. Current lease is up to 2013, with rental income of $1849 per month (with annual CPI increases). A fantastic investment opportunity. Outgoings: council rate $199pq, water rates $126pq, sinking fund $249pq.

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North RydeSuburb Profile

North Ryde is a major centre with many commercial activities. Shoppers are spoilt for choice, with Macquarie Centre, Top Ryde and Westfield Chatswood close by. North Ryde is a major business district, with many multi-national companies.

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