BRILLIANT SOUTH YARRA 2 BEDROOM INVESTMENT 7.7% RETURN
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
Superbly positioned in the heart of South Yarra just off Toorak Road, this is a bright two bedroom apartment with a full width balcony overlooking Claremont street.
This property was designed to take full advantage of the excellent natural lighting with floor to ceiling glazing and high ceilings. The fully equipped kitchen features stone bench tops and stainless steel appliances.
The two excellent bedrooms both have built in wardrobes with the sleek well-appointed bathroom servicing both.
R/C air conditioning plus one secure undercover car park and a storage cage makes this a high performance, high yield investment
Secure entry, conference facilities, fitness centre and a rooftop swimming pool also enhance this investment opportunity.
The apartment is securely leased to Amity South Yarra Apartments until November 2017 with further options thereafter.
NB THIS IS FOR THE ASTUTE INVESTOR ONLY – NOT FOR OWNER OCCUPATION
Current rent: $37,580 pa ($723 pw approx) Effective December 2016
Reviews: Annual 4% rental increase between market reviews each 5 years
Return: 7.7% Gross
Options: 4 x 5 year
Owners corporation & sinking fund fees $2,494 pa approx.
Council rates $1,399.10 pa approx.
Water rates $600 pa approx.
For further information please call:
Nick Walters of Kingsford Property Melbournes Serviced Apartment Specialists
Mob: 0438 557 885
Email: [email protected]
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.