SOLD by Nick Walters of Kingsford Property - The Serviced Apartment Specialists

Apartment 1208 Plus Car Park 112
333 Exhibition Street, Melbourne

MANTRA ON THE PARK

$377,500

THIS APARTMENT IS FOR INVESTORS ONLY – NOT FOR OWNER OCCUPATION

On offer here is a large two bedroom apartment of 76 square meters with spectacular north easterly views over the Exhibition Gardens and toward the Dandenong Ranges from the 5 square meter balcony.

In addition to the spacious bedrooms, this fully furnished apartment has two fully appointed bathrooms, one with laundry facilities. Also, a large open plan kitchen and dining area leads on to the welcoming lounge.

A secure car park is also on title.

Returning a huge $454 per week, this property is leased to the Mantra Group until 2010 with additional options thereafter. Facilities such as heated pool, sauna, and sun deck enhance this quality high yield investment.

Rent: $23, 628 pa

With annual 3% increases until 2010

Return: 6.3%

Lease: Until October 2010

Options: 3 x 5 year options

Outgoings:

Owner Council and Water rates: $1,400 pa (Approx)

Tenant Body Corp fees, Insurance, General maintenance and water usage

For further enquires, please call:
Nick Walters of Kingsford Property
0438 557 885 or (03) 9682 6222
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.