SOLD by Nick Walters of Kingsford Property - The Serviced Apartment Specialists

Apartment 6
9 Murphy Street, Nth Melbourne


N.B. This apartment is for the astute investor only not for owner occupation

As part of the North Melbourne Serviced Apartment complex, on offer here is a bright elevated first floor one bedroom/studio apartment of approximately 30 square meters, with an open plan living area and kitchen, semi partitioned bedroom plus bathroom.

Positioned on Melbournes CBD edge, this property is well serviced by the Errol Street shops and public transport.

The apartment is leased until August 12th 2016 with one further lease option thereafter.

Current rent: $ 12,944 per annum ($1,078 pcm)
(With annual CPI increases between Market Reviews)

Return: 8.1%

Options: 1 x 5 year option

Owner: Owners Corporation Fee: $916 pa (Approx)
Council Rates: $433 pa (Approx)
Water Rates: $144 pa (Approx)

For further enquiries, please call the agent

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.