Look over leafy East Melbourne from this superb top floor studio apartment featuring the preferred Northernly aspect.
Comprising of a bright open plan kitchen / dining / bedroom area as well as a well appointed bathroom.
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: $13,750 pa
($264 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.