IMPRESSIVE 6.5% RENTAL RETURN & 100 DAYS OWNERS USE

Another serviced apartment SOLD by Nick Walters of Kingsford Property – Melbourne’s serviced apartment specialists.

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

On offer here is a neat one bedroom apartment of 41 square meters offering a quiet South Westerly aspect.

Featuring an open plan kitchen, dining and living area with a striking Melbourne city feature wall, spacious bedroom with large birs and study nook, sleek kitchen with electric cooking, fully appointed bathroom with shower over bath, heating and cooling, laundry facilities and secure entry.

Returning an impressive $365 per week, this property is leased to the Mantra Group until January 2022 with additional options thereafter.

Facilities such as heated pool, spa, sauna and gymnasium enhance this quality high yield investment.

This lease also offers up to 100 days Owners Use (Conditions apply)

NB: THIS IS FOR THE ASTUTE INVESTOR ONLY. NOT FOR OWNER OCCUPATION.

Rent: $19,036 pa (Gross)
($1,586 per month – approx)

Rent increases: CPI increases every second year between market reviews

Return: 6.5% (Gross)

Lease: Until January 2022

Options: 4 x 5 year options

Outgoings:
Council rates: $820 pa (approx.)
Water rates: $605 pa (approx.)
Owners Corp Fees: $1,676 pa (approx.)
Maintenance fund: $535 pa (approx.)

For further details please contact Nick Walters of Kingsford Property – Melbourne’s Serviced Apartment Specialists.

M: 0438 557 885
P: (03) 9682 6222
E: nick@kingsfordproperty.com.au

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.