86 sqm 2 BEDROOM 2 BATHROOM PLUS CAR PARK - ENJOY UNBEATABLE VIEWS FROM THIS PRIME INVESTMENT APARTMENT...

Apartment 1606
333 Exhibition Street, Melbourne

$420,000

THIS IS FOR THE ASTUTE INVESTOR ONLY – NOT FOR OWNER OCCUPATION

On offer here is a stunning sixteenth floor two bedroom apartment of 86 square meters with spectacular Easterly views over the historic Exhibition Buildings and Carlton Gardens and beyond toward the Dandenong Ranges from the 5 square meter balcony.

In addition to the spacious bedrooms, this fully furnished apartment has two fully appointed bathrooms, one with laundry facilities. Also, a large open plan kitchen and dining area leads on to the welcoming lounge.

This apartment also has one secure under cover car park on title.

Returning a massive $513 per week, this property is leased to the Manta Group until 2010 with additional options thereafter.

Owners will enjoy an annual 3% increase in rent between market reviews.

Facilities such as heated pool, sauna, and sun deck enhance this quality high yield investment.

Rent: $26,722 pa ($2,226 pcm)

Return: 6.4%

Lease: Until October 2010

Options: 3 x 5 year options

Outgoings:

Owner Council and Water rates: $1,800 pa (Approx)

Tenant Body Corp fees, Insurance, General maintenance 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.