SOLD by Nick Walters of Kingsford Property - The Serviced Apartment Specialists
Apartment 1103
333 Exhibition Street, Melbourne
$390,000 (Private Sale)
Another SOLD by Nick Walters of Kingsford Property Melbournes Serviced Apartment Specialists
Interested in selling? Call Nick discuss your options on 0438 557 885
N.B THIS IS FOR THE ASTUTE INVESTOR ONLY – NOT FOR OWNER OCCUPATION
On offer here is a large two bedroom apartment of 70 square meters with spectacular north easterly views over the Exhibition Gardens and toward the Dandenong Ranges from the 5 square meter balcony.
In addition to the spacious bedrooms, this fully furnished apartment has two fully appointed bathrooms, one with laundry facilities. Also, a large open plan kitchen and dining area leads on to the welcoming lounge.
Returning a huge $410 per week, this property is leased to the Mantra Group until 2015 with additional options thereafter. Facilities such as heated pool, sauna, and sun deck enhance this quality high yield investment.
Rent: $21,326 pa ($1,777 / month)
(With annual 3% increases between Market Reviews)
Return: 5.5%
Lease: Until October 2015
Options: 4 x 5 year options
Outgoings:
Owner Council and Water rates: $2,149 pa (Approx)
Tenant Body Corp fees, Insurance, General maintenance and water usage and refurbishment.
For further enquiries, please call us – we are Melbourne’s serviced Apartmemnt specialists.
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.