HUGE 6.5% RETURN - 1 BEDROOM INVESTMENT APARTMENT + CAR PARK...

ANOTHER APARTMENT SOLD BY NICK WALTERS OF KINGSFORD PROPERTY – THE SERVICED APARTMENT SPECIALISTS.

Please call me to discuss your property needs – 0438 557 885

Freshly painted and carpeted, this is a beautifully presented second floor one bedroom apartment with an 8 square meter West facing balcony.

Offering high ceilings, floor to ceiling glazing enhancing the natural light, quality fixtures and fittings throughout including European stainless steel kitchen appliances, 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 $425 per week return, annual rent 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.

Current Rent: $22,206 pa ($1,850 per month approx)

Rent Increase: Annual 4% rental increases each Nov between market reviews

Return: 6.5% (Gross)

Options: 4 x 5 year options

Tenant Pays:
Owners Corporation Fees
Insurance
General maintenance
Water usage

Owner Pays:
Council rates: $822 pa (Approx) Water rates: $640 pa (Approx)
Maintenance fund: $988 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