41/2-8 Dixon Street
Sydney, NSW 2000

This prime CBD investment opportunity offers excellent returns, ideal for investors seeking to capitalize on high net yields. The apartment is fully furnished and managed through a hassle-free leasing arrangement with APX Hotel, providing a steady and guaranteed income with annual increases of 4%. This setup ensures the new owner can start earning income immediately without the need for additional investment in furnishings or maintenance.

Located within walking distance to key attractions such as World Square Shopping Centre, Darling Harbour, Chinatown, and more, this property benefits from a highly convenient and sought-after location. The apartment features a kitchenette, a mirrored built-in wardrobe, and air-conditioning, providing comfortable and practical living spaces for guests.

The full-sized bathroom and east-facing aspect enhance the apartment's appeal, making it suitable for holidaymakers or business travelers. The property has been recently renovated to maintain a modern and attractive environment. Its proximity to Chinatown light rail, Paddy's Markets, and Hyde Park further adds to its desirability.

Financially, the apartment is currently leased with APX Hotel, guaranteeing a rental income of $21,327.29 per annum, equating to a 5.7% return, with an additional 4% annual increase. The quarterly council and water rates are approximately $284.20 and $208.77 respectively, while strata fees are about $101.75 per quarter. The owner is responsible for the capital works fund portion of the strata fees, with the administration fund portion reimbursed by APX.

It is important to note that this apartment is for investment purposes only and cannot be occupied by the owner. This restriction ensures the property remains part of the hotel leasing pool, maintaining the guaranteed income stream.

All information provided is gathered from sources considered reliable; however, prospective buyers should conduct their own inquiries to verify details.