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Apartment for Sale in Newmarket
Fantastic Newmarket investment with an upside!
- 1 Bed
- 1 Bath
- 1 Car
FREEHOLD WITH A TWIST.
Superb serviced FREEHOLD apartment leased by the highly regarded Quest group.
Located in The Mandalay - the well-run Quest hotel in the heart of Newmarket.
Currently returning $27,945.72 (GST incl), gross per year
This 1 bedroom apartment with undercover secure car park and balcony offers investors a guaranteed rental income without the stress of tenants, vacancy periods and management fees.
With only 7 years to run on the current hotel lease this 46 m2 plus 15 m2 car park (appr) apartment will make for a great central city base one day in the vibrant Newmarket suburb.
Be the smart one to unlock the huge earning potential that this apartment has to offer.
In a hub with a plethora of exclusive shops, thriving bars, cinemas, parks and a wealth of convenient amenities!
359,000 +GST (if any) Contact agent for more information.
- Living Room
- Dining Room
MRK32298
46m²
1 garage space
1
1
1
All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
Documents
Attachments
103685 Title Search Copy
REA Sales and Purchase Guide
REA Buyer Journey Guide
Rental Appraisal 505 31 39 Davis Crescent
5 E 1 march 26
505 31 39 Davis Crescent Newmarket One Pager
Lease Doc 5803537 3 505 31 Davis Cres
lease memorandum
Newmarket 500 m radius Nearby Sales Report 2026 04 26
Quest Newmarket Rent Review 2025 5 E
S & P 505 ( 5 E ) 31 39 Davis Crescent
ivan koulin photo & profile 1 page
Ivan Solds
Ivan testimonials page
AGM Minutes 2023 Quest Newmarket
AGM Minutes 2024 Quest Newmarket
AGM Minutes 2025 Quest Newmarket
Body Corporate 325677 Annual TBC Material Damage Business Interruption COC AIG 22 10 2025 22 10 2026
Body Corporate 325677 Policy Documents Body Corp Package AIG 22 10 2025 22 10 2026
EOY Financial Reports 2023 Quest Newmarket
EOY Financial Reports 2024 Quest Newmarket
EOY Financial Reports 2025 Quest Newmarket
Long Term Maintenance Plan 31 39 Davis Crescent May 2024
Operational Rules Quest Newmarket
Section 146, Pre Contract Disclosure Statement Unit 5 E signed
505 31 39 Davis Crescent A 4 Flyer
Letter of Intent
Agents
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