HASSLE FREE INVESTMENT
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
Situated on level one and with the preferred Westerly treetop aspect
overlooking Exhibition Street, this apartment is a generous one bedroom apartment of approximately 50 square meters, fully appointed open plan kitchen and living/dining area, excellent bedroom with built in robes, separate sparking bathroom and laundry facilities. The location is outstanding in a prime Melbourne position near the Paris end of Collins Street and the theatre precinct of Melbourne
NB THIS IS FOR THE ASTUTE INVESTOR ONLY – NOT FOR OWNER OCCUPATION
This serviced apartment is presently leased to the Mantra Group until March 2018 with two 5 year options thereafter.
As part of the lease terms, owners DO NOT pay
Owners corporation fees
Council rates
Water rates
Insurance
General maintenance
Management fee
Rent: $25,044 pa ($2,087 per month) Approx.
Lease: Until March 2018
Options: 2 x 5 year options
Return: 6.4%
This high yield long term investment is surely something to consider for your property investment portfolio.
For further inquiries, please call:
Nick Walters of Kingsford Property – Melbourne’s Serviced Apartment Specialists
(03) 9682 6222 or 0438 557 885
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.