Penthouse Riverside Investment

Another apartment SOLD by Nick Walters of Kingsford Property – Melbourne’s serviced apartment specialists with over 20 years experience in the serviced apartment market.

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

A private stairway leads to this expansive top floor 2 bedroom penthouse style apartment of some 86 square meters with a Northerly aspect and spectacular CBD views.

The Level 18 property is stylishly appointed boasting a generous open plan dining and lounge area glazing flooded with natural light and opening to the generous North facing entertainers terrace of approximately 20 square meters.

A fully equipped kitchen with stainless steel appliances offering plenty of storage and bench space; The two excellent bedrooms have built in robes with both accessing the wrap around terrace and the sparkling central bathroom has an over sized shower and laundry facilities.

In addition, the study nook located at the top of the stairs also doubles as a third bedroom adding to the value and desirability. The apartment is also fitted with central heating/cooling, and security intercom.

Located in a prime position opposite Southbank and close by all the city’s retail boutiques, cafes, restaurants and lane ways, this will make an outstanding investment property ideal for the astute investor.


The apartment is presently leased to Riverside Apartments until 2018 with additional 5 year options thereafter.

Rent: $32,068 pa

Return: 6.75%

Options: 2 x 5 years

Reviews: Annual 2% or CPI Increase &
Market Review each 5 years

Owner pays:

Owners Corporation $3,467 pa (approx.)
Council rates $1,273 pa (approx.)
Water rates $680 pa (approx..)

For further information please call:

Nick Walters of Kingsford Property Melbournes Serviced Apartment Specialists

Mob: 0438 557 885
Email: [email protected]
Ph: (03) 9682 6222

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.