6.1% NETT RETURN - NO ANNUAL OUTGOINGS TO PAY...
Situated on the ninth floor and on the Eastern side of the building, this is a large modern studio apartment of approximately 40 square meters with open plan kitchen, dining, and lounge area, with partitioned bedroom. In addition to this, there is a sparkling bathroom completing the picture.
The property offers a top floor gym, sauna, good security, a quality restaurant and bar situated just off the lobby, and a fantastic Melbourne location near the heart of the legal precinct – all making this a very desirable investment choice.
This apartment is in a secure long term lease with the Mantra Group.
N.B. THE VENDOR REQUESTS THAT THIS APARTMENT IS TO SETTLE ON 16TH MAY, 2016.
Rent: $17,002 pa – $326 per week (approx.)
Reviews: annual 3% increases between market reviews
Terms: Leased to the ‘Mantra Group’ until March 2018
Options: 4 x 5 year options
Tenant: Owners corporation fees
Owner: NO ANNUAL OUTGOINGS TO PAY
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. Prospective purchasers are advised to carry out their own investigations.