TOP OF THE TOWN INVESTMENT
Another apartment SOLD by Nick Walters of Kingsford Property – Melbourne’s serviced apartment specialists with over 20 years experience in the serviced apartment market.
If youd like to discuss your investment property options please call me on 0438 557 885
Situated on Level Nine with the preferred sunny North/Westerly aspect, this extra large and bright one bedroom apartment of approximately 59 square meters offers sweeping CBD views.
The generous living/dining area incorporates a well-appointed kitchen with loads of storage and a discrete Euro laundry. The substantial bedroom enjoys the corner aspect and comes with built in robes and a sparkling en suite bathroom.
One secure basement car park is also on title.
NB THIS IS FOR THE ASTUTE INVESTOR ONLY – NOT FOR OWNER OCCUPATION
Positioned in a prime Melbourne city location near the Paris end of Collins Street and the theater precinct of Melbourne.
Returning a huge $577 per week the property is managed by the Mantra Group and run as a 4 star rated apartment hotel.
Please Note : Tenant pays Owners Corporation Fees, Insurance, General Maintenance, Council Rates and Water Rates.
Rent: $30,096 pa ($2,508 per month)
Increase: Annual 4% increases between Market Reviews
Lease: Until March 2018 years
Options: 2 x 5 year options
Return: 6%
This high yield long term investment is something to consider for your property investment portfolio.
For further enquiries, please call:
Nick Walters of Kingsford Property – The Serviced Apartment Specialists
(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.