SOLD by Nick Walters of Kingsford Property - The Serviced Apartment Specialists
Apartment 507
182 Collins Street, Melbourne
Another SOLD by Nick Walters of Kingsford Property Melbournes Serviced Apartment Specialists
Interested in selling? Call Nick discuss your options on 0438 557 885
$231,000
N.B. FOR THE ASTUTE INVESTOR ONLY – NOT FOR OWNER OCCUPATION
Situated on the fifth floor and on the western side of the block, this is a large 34 square meter studio apartment with open plan kitchen and lounge area. The apartment offers loads of natural light and impressive views West over Melbournes CBD.
Leased to the Quest Group, this outstanding heritage building is located at the Paris end of Collins Street amongst blue chip corporations and within easy walking distance to Collins Streets retail shops, restaurants, cafes, bars and Melbournes theatre precinct.
The property has good security, and also has a quality restaurant attached to the building.
This apartment offers investors the security of a long term lease with options and minimal outgoings.
N.B. Owners can stay up to 30 nights per year in this property(conditions apply)
Current Rent: $14,058 pa (Approx)
With annual CPI increases between market reviews
Lease Term: Until December 2018
Options: 4 x 5 years
Return: 6.1% (Nett)
Tenant Pays: Owners Corporate Fees, Council Rates, Water Rates, Insurance, Maintenance and Water Usage
Owner Pays: NO ANNUAL OUTGOINGS
For further enquiries, please call the Agent…Mob: 0438 557 885
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