TWO BEDROOM + CARPARK + 14 DAYS OWNER'S USE...

This impressive apartment is situated on level eleven offering a quiet South/Easterly position. The two -bedroom property measures 77 square meters internally in addition to a Juliette balcony with access from both the lounge room and main bedroom. The views from these two rooms are spectacular overlooking the Arts Centre spire and beyond to Melbourne’s iconic MCG. The two spacious bedrooms offer built in robes and there is a generous fully equipped open plan kitchen, dining and lounge area; and a fully appointed bathroom with laundry facilities.

There is also one secure under cover car park on title.

The property offers a heated pool, sauna, spa, gymnasium, sun deck, restaurant and bar, good security, and is in a prime location in heart of the Melbourne’s Arts precinct, Crown Entertainment complex and the CBD just a short walk over the Yarra River.

The apartment is currently leased to the Mantra Group until January 2027, with a lease termination option for owners by simply providing 90 day’s notice to vacate to Mantra. The new lease also offers a 14 day Owner’s Use clause.

A perfect set and forget investment or ideal for your own short stay accommodation.

IMPORTANT INFORMATION:

Lease Term:
From January 2022 to January 2027

Minimum Rent for 2022:
$23,943 pa OR $460 /week (Approx) plus share of room revenue if applicable.

Owners use:
14 days per year (Conditions Apply)

Lease Termination:
The Owner may also terminate this lease by giving 90 day’s notice.

Owner Pays:
Owners Corporation Fees: $5,369 pa
Maintenance Fund: $2,001pa
Council Rates: $1,470 pa
Water Rates: $1,000 pa

Inspection by private appointment only.

For further details please contact Nick Walters of Kingsford Property – Melbourne’s Apartment Specialists.

M: 0438 557 885
E: 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