IMPRESSIVE 6.5% RETURN - $310,000 FOR A 73 SQM, 2 BED, 2 BATH INVESTMENT APARTMENT...
Apartment 1409
333 Exhibition St. Melbourne
$310,000
PLEASE NOTE : THIS APARTMENT IS FOR THE ASTUTE INVESTOR ONLY – NOT FOR OWNER OCCUPATION.
This is a large two bedroom apartment of 73 square meters with superb South West facing balcony of 6 sqm commanding excellent views over Melbournes vibrant CBD.
In addition to the spacious bedrooms, this fully furnished apartment has two fully appointed bathrooms, one with laundry facilities, and a large open plan kitchen lounge dining area. Currently returning $386 per week, this property is leased to the Mantra Group until October 2010 with additional options thereafter.
Facilities such as heated pool, sauna, and sun deck enhance this quality high yield investment.
Current Rent: $20,118 pa – (Effective October 2009)
Return: 6.5%
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
(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.