SOLD by Nick Walters of Kingsford Property - The Serviced Apartment Specialists
Apartment 1402
333 Exhibition Street, Melbourne
$290,000
PLEASE NOTE: THIS APARTMENT IS FOR THE ASTUTE INVESTOR ONLY.
On offer here is a large two bedroom apartment of 74 square meters with spectacular north easterly views over the Exhibition Gardens and toward the Dandenong Ranges from the 6 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.
Returning a huge $382 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: $19,884 pa
(Effective October 2008 with annual 3% increases until 2010)
Return: 6.9%
Lease: Until October 2010
Options: 3 x 5 year options
Outgoings:
Owner Council and Water rates: $1,300 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
[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.