SOLD by Nick Walters of Kingsford Property - The Serviced Apartment Specialists
Apartment 911
250 Elizabeth Street, Melbourne
$215,000 (Private Sale)
Another SOLD by Nick Walters of Kingsford Property Melbournes Serviced Apartment Specialists
Interested in selling? Call Nick discuss your options on 0438 557 885
N.B THIS IS FOR THE ASTUTE INVESTOR ONLY – NOT FOR OWNER OCCUPATION
Situated on the 9th level and with a Southerly aspect this is a bright one bedroom apartment of approximately 50 square meters with fully equipped bathroom with laundry facilities, large open plan kitchen, dining and lounge area.
The building has good security, and facilities include fully equipped gymnasium, sauna, swimming pool, spa and outdoor area with BBQ facilities. This building is in a prime location in Melbournes CBD with retail shops, restaurants, cafes and bars at your doorstep.
The apartment is presently leased to the Ascot Group until 2020, with further 10 year options thereafter.
As part of the lease terms, owners DO NOT pay
Owners Corporation Fees
Council Rates
Water Rates
Insurance
General maintenance
Rent: $15,600 pa (2012 2013 Financial Year)
Lease: Until 2020
Options: Further 10 year Options
Return: 7.25% NETT
This high yield long term investment is surely something to consider for your property investment portfolio.
For further enquires, please call us – the serviced apartment specialists.
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.