SOLD by Nick Walters of Kingsford Property - The Serviced Apartment Specialists
Apt 903
333 Exhibition St
Melbourne
$309,000
THIS IS FOR THE ASTUTE INVESTOR ONLY – NOT FOR OWNER OCCUPATION
On offer here is a large two bedroom apartment of 70 square meters with spectacular north easterly views over the historic Exhibition Buildings, Carlton Gardens and toward the Dandenong Ranges from the 5 square meter balcony.
In addition to the spacious bedrooms, this fully furnished apartment has two fully appointed bathrooms, one with laundry facilities. Also, a large open plan kitchen and dining area leads on to the welcoming lounge.
Returning a huge $360 per week, this property is leased to the Mantra Group until 2015 with additional options thereafter. Facilities such as heated pool, sauna, and sun deck enhance this quality high yield investment.
Rent: $18,780 pa ($1,565 / month)
(With annual 3% increases between Market Reviews)
Return: 6.1%
Lease: Until October 2015
Options: 2 x 5 year options
Outgoings:
Owner – Council and Water rates: $1,500 pa (Approx)
Tenant – Body Corp fees, Insurance, General maintenance and water usage
For further enquiries, please call:
Nick Walters of Kingsford Property
0438 557 885 or (03) 9682 6222
[email protected]