SOLD by Nick Walters of Kingsford Property - The Serviced Apartment Specialists
Apartment 1201 (Lot 1204)
222 Russell Street, Melbourne
$297,500
Having the best one bedroom floor-plan in 222 Russell Street, being 65 square meters plus a full width 7 square meter balcony, this 12th floor north facing apartment has the lot.
With an excellent $403 PW return and a 3% increase due each November this top quality investment property is priced to sell.
Immaculately presented and fully maintained by the ‘Mantra Group’ it boasts rooms of generous proportions, fully equipped kitchen and substantial bathroom.
Current rent: $20,969 per annum ($1,747 pcm)
(With annual 3% increases until 2011)
Return: 7.1%
Options: 3 x 5 year options
Outgoings:
Owner: Council and water rates $1,100 per annum (approximately)
Tenant (MANTRA): Body corporate fees, Insurance, General maintenance and Water usage
For further enquires, please call:
Nick Walters of Kingsford Property
(03) 9682 6222 or 0438 557 885
[email protected]
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.