MANTRAS PREMIER CBD PROPERTY 6.25% RETURN

Another apartment SOLD by Nick Walters of Kingsford Property – Melbourne’s serviced apartment specialists.

If youd like to discuss your investment property options please call me on 0438 557 885

Pay no refurbishment costs and enjoy the benefits of a long term, secure lease with this prime studio serviced apartment measuring approximately 32 sqm.

Situated on Level sixteen and with a Southerly aspect, the apartment features an open plan kitchen, living and bedroom area plus separate bathroom.

The property offers a heated pool, spa, sauna, gym and sun deck, plus a quality restaurant and bar on Level One and good security. The building is in a fantastic Melbourne location in the heart of the Chinatown and theatre precincts all making this a very desirable investment choice.

NB: THIS IS FOR THE ASTUTE INVESTOR ONLY – NOT FOR OWNER OCCUPATION

Rent: $19,471pa ($374 per week approx.)

Increase: Annual 3% increases

Return: 6.25% (Gross)

Lease: Until Nov 2021

Options: 3 x 5 years

Outgoings:
Tenant (Mantra) Pays:
Owners corporation fees
Refurbishment
Insurance
General maintenance

Owner Pays:
Council rates: $750 pa (Approx)
Water rates: $920pa (Approx)

For further details please contact Nick Walters of Kingsford Property – Melbourne’s Serviced Apartment Specialists.

M: 0438 557 885
P: (03) 9682 6222
E: 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