NOW $490,000 - TWO BEDROOM - MANTRA ON THE PARK
Spectacular large two bedroom apartment of 74 square meters with superb North Easterly views over Melbournes northern suburbs and the historic Exhibition Buildings and Carlton Gardens.
N.B. THIS IS FOR THE ASTUTE INVESTOR ONLY – NOT FOR OWNER OCCUPATION
The excellent living and dining area, has an adjacent fully equipped kitchen, opens to the balcony with spectacular garden views.
In addition to the two sizeable bedrooms, this recently refurbished apartment boasts two fully appointed bathrooms, one with laundry facilities.
Returning a huge $479 per week, this property is leased to the Mantra Group until 2020 with an additional five year option thereafter. Facilities such as heated pool, sauna, and sun deck enhance this quality high yield investment.
Rent: $24,926 pa ($479 per week)
Reviews: Annual 3% increase with 5 yearly Market Review every
Terms: Leased to Mantra until October 2020
Options: 1 x 5 year options
Outgoings:
Owner
Council and water rates: $2,800 pa (Approx)
Tenant
Owners Corporation fees
Insurance
General maintenance
Refurbishment
Water usage
For further information please call:
Nick Walters of Kingsford Property Melbournes Serviced 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.