SOLD by Nick Walters of Kingsford Property - The Serviced Apartment Specialists
Apartment 1601
333 Exhibition St. Melbourne
Another SOLD by Nick Walters of Kingsford Property Melbournes Serviced Apartment Specialists
Interested in selling? Call Nick discuss your options on 0438 557 885
$270,000 (PRIVATE SALE)
N.B. THIS IS FOR THE ASTUTE INVETSOR ONLY – NOT FOR OWNER OCCUPATION.
Situated on the 16th level and newly refurbished, this is a one bedroom apartment of 50 square meters with west facing balcony of 5 square meters offering views over Melbournes vibrant CBD.
This apartment has a sizable bedroom, fully appointed bathroom with laundry facilities and a large open plan kitchen lounge dining area. Returning $345 per week, this property is leased to the Mantra Group until 2015 with additional options thereafter. Facilities such as heated pool, sauna, and sun deck enhance this quality high yield investment.
Enjoy an annual 3% increase on your rent between Market Reviews.
This is a prime investment opportunity for the astute investor, and the entry level price is ideal for the first time investor.
Rent: $17,971 pa ($1,497 pcm) Approx
Return: 6.7%
Lease: Until October 2015
Options: 2 x 5 year options
Outgoings:
Owner: Council and Water rates
$1,250 pa (Approx)
Tenant: Body Corp Fees, Insurance, General Maintenance, Refurbishment and Water Usage.
For further enquires, please call the agent.
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.