Mantra on the Park
Another apartment SOLD by Nick Walters of Kingsford Property – Melbourne’s serviced apartment specialists with over 20 years experience in the serviced apartment market.
If youd like to discuss your investment property options please call me on 0438 557 885
Recently refurbished, this is a tenth floor one bedroom apartment of 50 square meters with west facing balcony offering views over Melbournes vibrant CBD.
The apartment has a large living and dining area adjoining the kitchen, a sizable bedroom and a fully appointed bathroom with laundry facilities. Returning approximately $345 per week, this property is leased to the Mantra Group until 2020 with additional options thereafter. Facilities such as heated pool, sauna, and sun deck enhance this quality high yield investment.
NB THIS IS FOR THE ASTUTE INVESTOR ONLY – NOT FOR OWNER OCCUPATION
Enjoy an annual 3% increase on your rent between Market Reviews.
This is a prime investment opportunity for the astute investor, and the entry level price is ideal for the first time investor.
Rent: $17,946 pa ($1,495 pcm) Approx
Return: 6.2 %
Lease: Until October 2020
Options: 3 x 5 year options
OUTGOINGS
Owner:
Council and water rates $1,500 pa (Approx)
Tenant:
Owners corporation fees
Insurance
General maintenance
Refurbishment and water usage.
For further enquires, please call:
Nick Walters of Kingsford Property
0438 557 885 or (03) 9682 6222
[email protected]
Although every care has been taken in the preparation of the above information, we stress particulars herein are
for information only, and do not constitute representation by the Owner or the Agent.