ONE BEDROOM INVESTMENT APARTMENT

Another apartment SOLD by Nick Walters of Kingsford Property – Melbourne’s serviced apartment specialists with over 20 years experience in the serviced apartment market.

If youd like to discuss your investment property options please call me on 0438 557 885

Perfect for the astute investor is this extra large one bedroom apartment situated on the 5th floor in the North/West corner.

The generous living/dining area opens to the integrated granite kitchen with quality appliances. A king sized bedroom offers built in robes and en-suite access to the well appointed bathroom with bath.

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

The elegant entrance lobby leads to a reception area and restaurant with bar. It also has a fully equipped gymnasium, heated lap pool, sauna, spa and three function rooms.

Leased to the Oaks Group util September 2021 with further options thereafter, this wonderful property will make an outstanding hassle free investment.

Rent: $23,930.40 ($460 per week)

Rental increases: CPI increase years 3,4 & 5 of each lease term between market reviews

Return: 6.75%

Options: 3 x 5 year options

OUTGOINGS

Tenant pays:
Owners corporation fees
Council and water rates
Insurance
General maintenance
Water usage

Owner pays:
Owners corporation sinking fund $386 per Quarter (Approx)
For further information please call:

Nick Walters of Kingsford Property Melbournes Apartment Specialists

Mob: 0438 557 885 OR Ph: (03) 9682 6222
Email: [email protected]

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.