9.5% RETURN - PRIME ST KILDA ROAD ENTRY LEVEL INVESTMENT
This impressive studio apartment features a brilliant bright view over St Kilda Road to Fawkner Park. Featuring an open plan layout, an abundance of natural light with floor to ceiling double opening doors to the deep and wide balcony.
The king sized bedroom is located behind a privacy curtain and is adjacent to the sparkling bathroom with stone bench and full height tiling. There is also an immaculate fully fitted kitchen with stone benchtop and ample storage.
Please note this is an investment property only and not for owner occupation
Summary:
Rent: $19,320 pa
Reviews: Annual CPI capped at 2%
Market review every 5 years
Lease: Until 14.5.27
Options: 4 x 5 years
Outgoings
Tenant (Kinson)
50% owners corporation administration fund
General maintenance
Owner
50% owners corporation administration fund fees
Owners corporation maintenance fund
Council rates
Water rates
This high yield St Kilda Road property is the perfect set and forget investment.
Inspection by appointment.
Disclaimer: 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. This information has been provided by third parties. Potential purchasers are advised to conduct independent due diligence to ensure its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is in fact accurate.