Prime Waterside Investment

This spacious top floor one bedroom apartment of 52m2 plus 12m2 balcony overlooking vibrant Ferguson Street.

One secure carpark is also on offer within a boutique serviced apartment complex of only 42 apartments.

Located in cosmopolitan Williamstown, just a stone’s throw from the water’s edge, cafs, bars, restaurants, shops and Hobson Bay, the enviable Punt Hill Williamstown offers a secure long term investment.

Owners have the option to stay in their apartment for up to 30 days per year (conditions apply).

Returning an impressive $501 per week, this apartment is presently leased to the Punt Hill Group until August 2017 with further options thereafter.

N.B. THIS IS FOR THE ASTUTE INVESTOR ONLY – NOT FOR OWNER OCCUPATION

Rent: $26,079 pa – $501 per week (approx.)

Reviews: Annual CPI increases between 5 yearly market reviews

Terms: Leased to the ‘Punt Hill Group’ until August 2017

Options: 4 x 5 year options thereafter

Outgoings:
Tenant pays:
Owners Corporation fees
Insurance
General maintenance
Water usage

Owner pays:
Council rates: $1,120 pa (approx.)
Water Rates: $600 pa (approx.)
Sinking fund: $800 pa (approx.)

For further enquiries, please call:
Nick Walters of Kingsford Property – The Serviced Apartment Specialists.
0438 557 885 or (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.