INVEST IN THE HEART OF MELBOURNE OWNER OCCUPY IN THE FUTURE
Sublimely positioned in a premium Bourke Street location is this fully furnished one bedroom apartment. Featuring an entrance hall, fully equipped kitchen with stone benchtop and 4 element cooktop plus ample storage space. The generous full width living and dining area has full height glazing and soaring 3 metre plus high ceilings. There is a king sized bedroom with fitted wardrobes, a sleek bathroom with large stone benchtop, shower over bath and the convenience of a concealed Euro laundry. There is also a fully equipped gym in the building.
Perfectly located near Chinatown, Melbourne Central, museums, restaurants, world famous coffee culture and sports event venues, the location is in a prime spot to invest or owner occupy.
Owner occupation can be accessed with 60 days notice to the tenant of a signed Contract of Sale.
Investment Summary:
Rent: $22,066 pa approx.
Return 8% gross pa approx.
Lease: To February 14th 2026
Options: one further 2 year term
Outgoings Owner:
Council rates: $1,190.91 pa
Water rates: $833.13 pa
Owners corporation maintenance fund: $1,954.20 pa
Tenant (CAG Group):
Owners corporation administration fund
Utilities
General maintenance
Insurances
Inspection by appointment.
Disclaimer: 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. This information has been provided by third parties. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. We urge all interested parties to conduct their own due diligence and seek independent professional legal advice to ensure this information is accurate.