The Apartments

  

  

A purpose built complex of 54 prestige 1 and 2 bedroom serviced apartments. Meticulously designed to maximise light and space, these stylish apartments are well located in Wollongong’s busy CBD.

All apartments are air-conditioned and include an elegantly crafted furniture package. Many feature magnificent ocean and escarpment views. Each apartment features a contemporary kitchen, laundry, top of the range fittings and fixtures and a secured car space.

These prestige apartments are ideally built for the short term accommodation market. Best Western Wollongong boasts a fantastic location with all amenities in close proximity. Positioned opposite Wollongong’s central railway station and less than 1 minute walk to the Wollongong Hospital with a short walk to Wollongong Central and a myriad of restaurants and cafe’s. Wollongong’s award winning beaches are in easy reach, as is a feast of entertainment facilities, including the WIN Stadium and the WIN Entertainment Centre, Illawarra Performing Arts Centre and the new Wollongong Golf Club.

A safe and secured investment from only $35 per week.*
A worry free investment with absolutely no vacancy periods.

Your apartment is leased back to Best Western Wollongong, on a 5 year lease,
with a further 4 x 5 year lease options.

You will receive a 5% secured rental, which is paid monthly. Best Western Wollongong will utilise your apartment to accommodate business and leisure travellers. Rental income is paid to you whether your apartment is occupied or not, giving you peace of mind. Your rental will also be indexed by 4% per
annum after the second year, with regular market review every 5 years.

* assuming purchase price of $376,000 and a taxable income of $85,000 p.a. and an interest only loan at
7.25% with NIL deposit. Figures are correct at time of printing but may change subject to interest rate
changes and tax rate changes.

 Best Western’s commitment to excellence ensures the ongoing value of your investment.
Best Western Wollongong has been purpose built to Best Western International’s stringent requirements.

Each year, the property will be inspected by Best Western’s certified Quality
Assurance inspectors.
This is a “Set & Forget” investment, simple,easy and tax effective* As a coastal CBD location, there is great potential for capital growth, this is an ideal investment!

Make an appointment today to see how you can take advantage of this outstanding investment opportunity.

Investment Contact Information

Maurice Watson
 
Phone: (+61 2) 9387-7744
MOB: 0408 408 146
Toll Free: 1800 770 114 (within Australia)
Email: mauricewatson@bigpond.com

Each Best Western® hotel is independently owned and operated. © 2002-2008 Best Western International, Inc. All rights reserved.
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