SOLD by Nick Walters of Kingsford Property - The Serviced Apartment Specialists
Apartment 1012
333 Exhibition St.
Melbourne
Another SOLD by Nick Walters of Kingsford Property Melbournes Serviced Apartment Specialists
Interested in selling? Call Nick discuss your options on 0438 557 885
$325,000 (Private Sale)
N.B. THIS IS FOR THE ASTUTE INVESTOR ONLY – NOT FOR OWNER OCCUPATION
This is a large newly refurbished two bedroom apartment of 70 square meters with superb west facing balcony commanding excellent views over Melbournes vibrant CBD.
In addition to the two spacious bedrooms with BIRs, this apartment offers two fully appointed bathrooms, one with laundry facilities, and a large open plan kitchen, lounge and dining area. Currently returning $374 per week, this property is leased to the Mantra Group until October 2015 with additional options thereafter.
Facilities such as a heated pool, sauna, and sun deck enhance this quality high yield investment.
Current Rent: $19,533 pa
(With annual 3% increases between Market Reviews)
Return: 6%
Lease: Until October 2015
Options: 4 x 5 year options
Outgoings:
Owner: Council and Water rates: $1200 pa (Approx)
Tenant: Owners Corporation Fees, Insurance, Refurbishment, General Maintenance and Water Usage.
For further enquires, please call the agent.
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.