FRONT FACING - FULL RIVER VIEWS!

$644 Per week rent<br/>$459,800<br/>7.29% Gross & 6.16% Net Rent Return<br/>Two bed, Two bath, Two balconies + carpark<br/>** FULL RENTS PAID TO LANDLORDS THROUGHOUT COVID **<br/><br/>Quest Rockhampton, is approx 9 years old and situated on the banks of the Fitzroy River along Victoria Parade in the Rockhampton CBD, within walking distance to art galleries and Pilbeam Theatre, dining, shopping, entertainment and sporting precincts such as the Rockhampton Showgrounds.<br/><br/>QUEST ROCKHAMPTON HAS PAID FULL RENTS TO LANDLORDS THROUGHOUT 2020 AND 2021 COVID PANDEMIC. <br/>Rockhampton’s central location along major north, south & west freight infrastructure routes, together with major mining and large customer and labour work force all drive growth to the Region. The property is situated only 3.8km from Rockhampton Airport, making it ideal for fly in fly out workers.<br/><br/>Front facing with uninterrupted river views, this large 2 bedroom apartment boasts a total floor area of 93.23m2. <br/>An Interconnecting apartment that can be split into a one bedroom + studio, or leased as full 2 bedroom, 2 bathroom. With open plan kitchen, meals, and spacious living room all taking in beautiful views directly out to Fitzroy river complete with two balconies both from the living and main bedrooms.<br/>Allocated car park is included.<br/><br/>**Please note**<br/>Carpet and paint will be due in next 6 months to 2 years.<br/><br/>**Due to long term guest some images may be generic - but of an identical on a higher level apartment. <br/><br/>Lease Details:<br/>Current Rent: $644.94 per week- $33,537 per annum<br/>Current Return: 7.29% Gross- 6.16% Net <br/>Rent Increases as follows:<br/>Oct 2023- Market Review.<br/>Oct 2024 + 4%<br/>Oct 2025 + 4%<br/>Oct 2026 + 4%<br/>Oct 2027 + 4%<br/>Oct 2028- Market Review. <br/>Lease Terms: Lease to September 2023 plus 4 x 5 year options<br/>Rent Increases: 4% annually (except market review year)<br/><br/>Market Review: Next review September 2023 (every 5th year)<br/><br/>Please note gross and net yields do not include government taxes or future capital works. <br/><br/>Approximate Owner Outgoings:<br/>Council Rates: $2791 per annum. (approx)<br/>Water Rates: Included in council rates<br/>Body Corporate Administration fee: Paid by tenant<br/>Body Corporate Sinking fund: $2400 per annum. <br/><br/><br/>Should you require any further information please don't hesitate to contact me via return email or the contact numbers below. <br/><br/><br/><br/><br/><br/><br/>