LIST YOUR PROPERTY FOR SALE WITH AWARD WINNING AGENT TONY QUATTROVILLE * World class location - situated on the 2nd floor with lift access and boasting panoramic never to be built out Harbour water views * This true 1 brm furnished strata serviced apartment (61m2 + 15m2 security parking on title) is the most hassle free investment you could own. * Important Note: A serviced apartment is generally defined as a building or part thereof, approved for the purposes of holiday letting/short term stay only, generally not exceeding 3 consecutive months * The tenant pays a guaranteed rent to the owner - In return they sub- let to visitors and tourists for their own commercial gain *Showing a guaranteed NET return of $521 per week + CPI increases annually (Note: All outgoings including council, water, general body corporate levies and maintenance are also paid by the tenant) * The current lease expires in August 2017 and after that date you can either grant a further new lease to the tenant (Note: The tenant being the service managers downstairs have leased the property for approximately 19 years) * Alternatively, after the expiration of the current lease in 2017 you can take possession back as your own holiday pad and/or manage your own holiday rental/short term stay for a much higher yield such as stayz.com or short term corporate leasing (Note: Daily serviced holiday accommodation rates in this complex and prime location command around $385 per night) * Recently renovated including new kitchen the sale also includes ownership of the near new furniture and appliances. * Security car space on title * This modern and beautifully maintained 19 year young landmark building is situated in the heart of Manly and directly opposite Manly Wharf * Investors Run for this ONE!