MANTRAS PREMIER CBD PROPERTY 6.25% RETURN

Another apartment SOLD by Nick Walters of Kingsford Property – Melbourne’s apartment specialists. If you would like to discuss your residential or 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 seventeen 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: $20,226pa ($388 per week approx)

Return: 6.25% gross

Lease: Until November 2021

Options: 3 x 5 years

Outgoings
Tenant (Mantra) pays:
Owners Corporation fees
Refurbishment
Insurance
General Maintenance

Owner pays:
Council rates:$767 pa (approx)
Water rates:$1,015 pa (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