NOW 7.5% RETURN - INVESTMENT OPPORTUNITY IN BUSTLING SOUTH YARRA
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
Located on the 2nd level with the preferred Easterly aspect in a prime South Yarra position, is this superb 80 m2 two bedroom plus study apartment.
This property was designed to take full advantage of the excellent natural lighting with floor to ceiling glazing and high ceilings and the living dining area opening to the deep full width balcony overlooking Claremont Street.
Also boasting a fully equipped luxury kitchen featuring stone bench tops stainless steel appliances and
abundant cupboard space, 2 king sized bedrooms both with BIRS and one with access to a private courtyard, and sleek large bathroom
Split system air conditioning and secure undercover car park on the same level round the apartment out.
Secure entry, conference facilities, fitness centre and a rooftop swimming pool also enhance this investment opportunity.
This high performance investment apartment is securely leased to the Amity Group with further options.
NB THIS IS FOR THE ASTUTE INVESTOR ONLY – NOT FOR OWNER OCCUPATION
Return: 7.5% (Gross)
Current rent: $39,477 pa
$759 pw approx
Lease: Until November 2017
Options: 4 x 5 year
Reviews: Annual 4% rental increase between market reviews every 5 years
Owners corporation administration fund
Maintenance Fund $540 pa (approx)
Council rates $1,306 pa pa (approx)
Water rates $651 pa (approx)
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.