6.25% Net Return - $244k

ANOTHER SOLD BY NICK WALTERS OF KINGSFORD PROPERTY.
Should you be considering selling your apartment or would simply like a no obligation FREE appraisal of your property, please contact me on 0438 557 885 or nick@kingsfordproperty.com.au

Situated on the eighth level and with an Easterly aspect, this is a bright one bedroom apartment of approximately 50 square meters with fully equipped bathroom with laundry facilities, large open plan kitchen, dining and lounge area.

The building has good security, and facilities include fully equipped gymnasium, sauna, pool, spa and outdoor area with BBQ facilities. This building is in a prime location in Melbournes CBD with quality retail shops, restaurants, cafes and bars at your doorstep.

This high yield long term investment is surely something to consider for your property investment portfolio.

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

Rent: $15,240 pa – $293 per week (approx.)

Return: 6.25%

Terms: Securely leased to the ‘Somerset group’ until 2023

Options: Further 10 year options thereafter

Outgoings:
Tenant: Owners Corporation fees
Council rates
Water rates
Insurance
General maintenance

For further enquiries, please call:
Nick Walters of Kingsford Property – The Serviced Apartment Specialists.
0438 557 885 or 03 9682 6222

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.