SOLD by Nick Walters of Kingsford Property - The Serviced Apartment Specialists
QUEST ON BOURKE
APARTMENT 104
155 BOURKE ST. MELBOURNE
$160,000
Ideally located, first floor, fully furnished one bedroom apartment of 44 square meters within this boutique serviced apartment complex of only 63 apartments.
Comprising separate bedroom, living & dining area, fully equipped kitchen with full size oven/stove, dishwasher and microwave, fully equipped laundry, STD/ISD telephones, voice mail, high speed internet access, Foxtel and individually controlled airconditioning / heating.
This is a fantastic investment apartment with long term lease attached.
The owner can also stay in their apartment 7 nights per year enjoying a 35% discount off the rack rate. (Conditions apply)
Leased to the Quest Group until May 2009 with further options.
Current rent: $12,840 per annum ($246.90 per week)
(With annual 2.5% increase between market reviews)
Return: 8 %
Options: 3 x 5 year options
Tenant Pays: Water rates, Insurance, General Maintenance and Water usage
Owner pays: Body Corporate / Sinking Fund: $2,059.301 (Approx)
Council rates: $650 (Approx)
Monthly Mment fee of 5% of the rent – $642 pa (Approx)
For further enquires, please call:
NICK WALTERS OF KINGSFORD PROPERTY
(03) 9682 6222 or 0438 557 885
[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.