ONE OF THE BEST MANTRA LEASES IN THE CBD
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
Pay no annual outgoings and enjoy the benefits of a long term, secure lease with this oversized one bedroom serviced apartment of 55sqm.
Situated on the corner of level three, the apartment features an open plan kitchen, dining and living area, huge bedroom large enough for two queen sized beds and bathroom with separate bath and shower.
The property offers a top floor gym and sauna, good security, a quality restaurant and bar situated just off the lobby, and a fantastic Melbourne location near the heart of the legal precinct all making this a very desirable investment choice.
Leased to the Mantra Group on a long term lease, this investment opportunity is worthy of consideration for your property portfolio.
NB: THIS IS FOR THE ASTUTE INVESTOR ONLY NOT FOR OWNER OCCUPATION.
RENT: $21,613 pa ($416 per week approx.)
INCREASE: Annual increase between market reviews (Alternating 3% & CPI)
RETURN: 5.9% nett
LEASE: Until March 2023
OPTIONS: 1 x 5 year
TENANT (Mantra) PAYS:
Owners corporation fees
NO ANNUAL OUTGOINGS