2 BED + CAR PARK - INVESTMENT WITH OPTION TO EXTINGUISH THE LEASE

This apartment is situated on level twelve and on the preferred North/West corner of the block. This is an impressive two-bedroom apartment measuring 76 square meters in addition to an 8 square meter balcony leading off the lounge room, The apartment offers two spacious bedrooms with built in robes; a generous open plan kitchen, dining and lounge area; a fully appointed bathroom with laundry facilities.

There is also one secure 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 Accor / Mantra Group

MPORTANT INFORMATION:

Lease Term:
From January 2022 to January 2027

Minimum Rent for 2022:
$24,632 pa OR $472 /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: $6,497 pa
Maintenance Fund: $2,498pa
Council Rates: $1,400 pa
Water Rates: $950 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