6.75% RETURN PLUS 30 DAYS OWNERS USE...
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
This is a very generous first floor one bedroom apartment of 52 square meters plus a 10 sqm balcony overlooking vibrant Ferguson Street. One secure car park is also on offer within this boutique complex of only 42 apartments.
Situated a stones throw from the waters edge, the development is in a prime position and offers secure long term rental income, and also the option for the owner to stay in their apartment for up to 30 days per year (conditions apply).
N.B THIS IS FOR THE ASTUTE INVESTOR ONLY – NOT FOR OWNER OCCUPATION.
Returning an impressive $501 per week, this apartment is presently leased to the Punt Hill Group until August 2017 with further options thereafter.
This is a blue chip property investment for the astute investor.
Current rent: $26,101 pa (Approx)
Increase: Annual CPI increases between market reviews
Return: 6.75%
Options: 4 x 5 year options
Tenant Pays:
Owners corporation fees
Insurance
General maintenance
Water usage
Owner pays:
Council rates: $1,300 pa (Approx)
Water rates: $650 pa (Approx)
Sinking Fund: $764 pa (Approx)
For further inquiries, please call:
Nick Walters of Kingsford Property – Melbourne’s Serviced Apartment Specialists
0438 557 885 or (03) 9682 6222
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. Prospective purchasers are advised to carry out their own investigations.