HUGE 7.25% RETURN & 100 DAYS OWNER'S USE...1 BEDROOM + CAR PARK...
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
Generous and bright, this one bedroom apartment of 52 sqm has the preferred Northerly aspect.
Featuring a separate fully equipped kitchen area, open plan dining and living area with a striking City Rd views, spacious bedroom with large BIRs, fully appointed bathroom with bath, heating and cooling, separate laundry facilities and secure entry. One secure undercover car park is also on title.
Returning an impressive $555 per week, this property is leased to the Mantra Group until January 2022 with additional options thereafter. Facilities such as heated pool, spa, sauna and gymnasium enhance this quality high yield investment.
Plus there is the flexibility and convenience of up to 100 days Owners Use of the apartment, per annum (Conditions apply)
NB THIS IS FOR ASTUTE INVESTOR ONLY – NOT FOR OWNER OCCUPATION
RENT: $28,908 pa
($555 per month approx)
INCREASE: CPI increases every second year between market reviews
RETURN: 7.25% Gross
LEASE: Until January 2022
OPTIONS: 4 x 5 years
Owners Corp Fees: $3,125 pa approx.
Maintenance fund: $918 pa approx.
Council rates: $999 pa approx.
Water rates: $588 pa approx.
For further information please contact:
Nick Walters of Kingsford Property – The Serviced Apartment Specialists
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.