7% RETURN 2 BEDROOM INVESTMENT APARTMENT + CAR PARK

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

Newly painted and carpeted, this is a beautifully presented and generous second floor, two bedroom apartment.

Offering high ceilings, floor to ceiling glazing enhancing the natural light, quality fixtures and fittings throughout including European stainless steel kitchen appliances, west facing balcony, large bedroom with BIRs and one secure under cover car park on title.

This apartment is securely leased to Quest until November 2018 with further options thereafter. With an impressive $665 per week return, 4% annual rent reviews between market reviews, and minimal owner outgoings, this is a high yield investment which may be perfect for your Self-Managed Superannuation Fund (SMSF).

An excellent investment opportunity set in a superb location in the Ivanhoe village just 15 minutes from the CBD.

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

RENT: $34,690 pa (approx.)
($665 per week approx)

INCREASE: annual 4% increases between market reviews

RETURN: 7% (Gross)

LEASE: Until November 2018

OPTIONS: 4 x 5 years

TENANT PAYS:
– Owners corporation fees
– Insurance
– General maintenance
– Water usage

OWNER PAYS:
– Council rates $1,099 pa approx.
– Water rates $800 pa approx.
– Maintenance fund $1,661 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.