SOLD by Nick Walters of Kingsford Property - The Serviced Apartment Specialists

FOR INVESTORS ONLY

$217,500

Apt 106

155 Bourke Street, Melbourne

QUEST ON BOURKE

FOR THE ASTUTE INVESTOR ONLY

Ideally located, first floor, fully furnished two bedroom apartment of 64 square meters within this boutique complex of only 63 apartments right in the heart of Melbourne.

Comprising master bedroom with second bedroom/study, living & dining area, fully equipped kitchen with full size oven/stove, dishwasher and microwave, fully equipped laundry, spa bath, 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.

Leased to the Quest Group until May 2009 with further options.

LEASE OFFERS 7 DAYS OWNER’S USE PER YEAR AT 35% OFF THE RACK RATE – SUBJECT TO AVAILABILITY.

Current rent: $18,760 pa
(Effective May 2008)

Return: 8.6%

Options: 3 x 5 year options

Tenant Pays: Water rates, Insurance, General maintenance and Water usage

Owner pays: Body Corporate/Sinking Fund fees: $3,565 pa (Approx)
Council Rates: $955 pa (Approx)
Monthly management fee of 5% of the rent – $938 pa (Approx)

For further enquires, please call:
Nick Walters of Kingsford Property on
0417 557 885 or (03) 9682 6222
nick@kingsfordproperty.com.au

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.