A massive top floor one bedroom apartment of approximately 54 square meters with sun drenched views over the hotel pool and sun deck area toward leafy East Melbourne.
This apartment offers a generous North facing bedroom, large bathroom with shower over bath, well equipped kitchen with full size stove and four hotplates, dining and a lounge area fit for entertaining. There is also a North facing balcony running off the lounge room. This apartment is one of the largest within this complex – always an advantage when it comes to financing such investment apartments.
Currently leased to the Mantra Group until August 2019 with further five year options available thereafter.
Facilities such as 24 hour concierge, pool and spa, gym, licensed restaurant and bar enhance this quality high yield investment.
NB: THIS IS FOR THE ASTUTE INVESTOR ONLY. NOT FOR OWNER OCCUPATION.
RENT: $18,845 pa
($362 per week approx)
(Or a share of the room revenue per lease year – whichever is greater)
RETURN: 7.4% (Gross)
LEASE: Until August 2019
OPTIONS: 2 x 5 years
• Owners Corporation fees
• Council & Water rates
For further details please contact Nick Walters of Kingsford Property – Melbourne’s Serviced Apartment Specialists.
M: 0438 557 885
P: (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.