SOLD by Nick Walters of Kingsford Property - The Serviced Apartment Specialists
Apartment 208
18 Finlay Place, Carlton
$199,000
THIS IS FOR THE ASTUTE INVESTOR ONLY – NOT FOR OWNER OCCUPATION
On offer here is a fully furnished one bedroom serviced apartment operated by QUEST.
The apartment is approximately 48 sqm with a 2 sqm North facing balcony.
One of only 52 in the block, the property is located on the edge of the CBD off Lygon Street, in the midst of the myriad of restaurants and cafes that the precinct has to offer.
Currently leased until November 2010 and offering a rental of $278 per week, the complex is run as a 4 star rated apartment hotel and offers a continuous income stream with substantially reduced outgoings.
Please Note: The owner can use their apartment for up to 60 days per year (Conditions apply).
Current rent: $14,475 pa (Effective November 09)
Return: 7.3%
Options: 3 X 5 Years
Outgoings:
Tenant: Body Corporate fees, Insurances and Recurrent Maintenance are paid for by Quest.
Owner: Council and Water rates: $990 pa (Approx)
Sinking Fund: $800 pa (Approx)
For further enquires, please call:
Nick Walters of Kingsford Property
(03) 9682 6222 or 0438 557 885
[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.