HUGE 7.2% RETURN - EXTRA LARGE 1 BEDROOM + CARPARK
Extra-large 57m2 one bedroom apartment superbly located just off Toorak Road. Designed to take full advantage of the excellent natural lighting with floor to ceiling glazing, high ceilings and the living dining area opening to the full width deep balcony overlooking Claremont street.
Also boasting a fully equipped luxury kitchen featuring stone bench tops stainless steel appliances and abundant cupboard space, king sized bedroom with BIRS and large sparkling bathroom plus split system air conditioning, secure undercover car park and a storage cage on title.
Returning an impressive $518 pw it is securely leased to the Amity Group with long term lease options
NB THIS IS FOR THE ASTUTE INVESTOR ONLY – NOT FOR OWNER OCCUPATION
Return: 7.2%
Current rent: $26,951 pa
$518 pw approx
Lease: Until November 2017
Options: 4 x 5 year
Reviews: Annual 4% rental increase between market reviews every 5 years
Tenant Pays:
Owners corporation administration fund
Insurance
General maintenance
Water usage
Owner pays:
Maintenance fund $408 pa (approx)
Council rates $1,030 pa pa (approx)
Water rates $670 pa (approx)
For further information please call:
Nick Walters of Kingsford Property Melbournes Serviced Apartment Specialists
Mob: 0438 557 885
Email: [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.