SOLD by Nick Walters of Kingsford Property - The Serviced Apartment Specialists
Apartment 807
333 Exhibition Street
$225,000
THIS APARTMENT IS FOR THE ASTUTE INVESTOR ONLY – NOT FOR OWNER OCCUPATION.
Large one bedroom apartment of 60 square meters with superb 5 sqm north/east facing balcony commanding excellent views over the historic Exhibition Buildings, Carlton Gardens and beyond.
In addition to the spacious bedroom, this fully furnished apartment has a fully appointed bathroom with laundry facilities and a large open plan kitchen lounge dining area. Currently returning $274 per week, this property is leased to the Mantra Group until 2010 with additional options thereafter.
Facilities such as licenced restaurant heated pool, sauna, and sun deck enhance this quality high yield investment.
Current Rent: $14,265 pa ($1,188 pcm)
(With annual 3% increases between market reviews)
Return: 6.34%
Lease: Until October 2010
Options: 3 x 5 year options
Outgoings:
Owner Council and Water rates – $1,155 pa (Approx)
Tenant Body Corp fees, Insurance, General maintenance and water usage
For further enquires, please call:
Nick Walters of Kingsford Property
(03) 9682 6222 OR 0438 557 885
[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.