SOLD by Nick Walters of Kingsford Property - The Serviced Apartment Specialists
Apartment 1710
333 Exhibition St. Melbourne
$298,000 (Private Sale)
Another SOLD by Nick Walters of Kingsford Property Melbournes Serviced Apartment Specialists
Interested in selling? Call Nick discuss your options on 0438 557 885
N.B. THIS IS FOR THE ASTUTE INVESTOR ONLY – NOT FOR OWNER OCCUPATION.
Recently refurbished, this is a top floor one bedroom apartment of 50 square meters with west facing balcony of 5 square meters offering views over Melbournes vibrant CBD.
This apartment has a sizable bedroom, fully appointed bathroom with laundry facilities and a large open plan kitchen lounge dining area. Returning approximately $355 per week, this property is leased to the Mantra Group until 2015 with additional options thereafter. Facilities such as heated pool, sauna, and sun deck enhance this quality high yield investment.
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: $18,510 pa ($1,542 pcm) Approx
Return: 6.2%
Lease: Until October 2015
Options: 4 x 5 year options
Outgoings:
Owner Council and Water rates $1,800 pa (Approx)
Tenant Body Corp Fees, Insurance, General Maintenance, Refurbishment and Water Usage.
For further enquires, please call us – the serviced apartment specialists.
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.