$468,000

1

1

BLUE CHIP MANTRA INVESTMENT...

Situated on the 15th floor and with a Southerly aspect is this generous one bedroom apartment measuring some 65m2. The huge open plan living/dining area has an adjoining fully equipped kitchen plus excellent natural light. King sized bedroom with BIRs and sparkling en suite including shower over bath and euro laundry. There is also a 7 square meter balcony which is accessible from the lounge.

The building has an impressive pool and gym area, is in a prime Melbourne location in the heart of the China Town and theatre precincts of Melbourne, and also has a quality restaurant and bar attached – all making this a very attractive investment.

With Mantra offering an excellent rental of approximately $585 per week, and minimal annual outgoings, this blue chip investment property would be a welcome addition to your investment portfolio.

N.B THIS IS FOR THE ASTUTE INVESTOR ONLY – NOT FOR OWNER OCCUPATION

RENT: $30,455 pa
(Effective November 2018)

INCREASE: With 3% annual increases between market reviews

RETURN: 6.5% (Gross)

LEASE: Until November 2021

OPTIONS: 3 x 5 year options

TENANT (MANTRA) PAYS:
– All Owners Corporation fees
– Refurbishment
– Insurance
– General maintenance
– Water usage

OWNER PAYS:
– Council Rates & Water Rates of $2,000 pa (Approx)

For further enquires please call:

Nick Walters of Kingsford Property – the Serviced Apartment Specialists
(03) 9682 6222 or 0438 557 885
nick@kingsfordproperty.com.au

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.

1509/222 Russell Street, MELBOURNE

$468,000

1

1

Description
BLUE CHIP MANTRA INVESTMENT...

Situated on the 15th floor and with a Southerly aspect is this generous one bedroom apartment measuring some 65m2. The huge open plan living/dining area has an adjoining fully equipped kitchen plus excellent natural light. King sized bedroom with BIRs and sparkling en suite including shower over bath and euro laundry. There is also a 7 square meter balcony which is accessible from the lounge.

The building has an impressive pool and gym area, is in a prime Melbourne location in the heart of the China Town and theatre precincts of Melbourne, and also has a quality restaurant and bar attached – all making this a very attractive investment.

With Mantra offering an excellent rental of approximately $585 per week, and minimal annual outgoings, this blue chip investment property would be a welcome addition to your investment portfolio.

N.B THIS IS FOR THE ASTUTE INVESTOR ONLY – NOT FOR OWNER OCCUPATION

RENT: $30,455 pa
(Effective November 2018)

INCREASE: With 3% annual increases between market reviews

RETURN: 6.5% (Gross)

LEASE: Until November 2021

OPTIONS: 3 x 5 year options

TENANT (MANTRA) PAYS:
– All Owners Corporation fees
– Refurbishment
– Insurance
– General maintenance
– Water usage

OWNER PAYS:
– Council Rates & Water Rates of $2,000 pa (Approx)

For further enquires please call:

Nick Walters of Kingsford Property – the Serviced Apartment Specialists
(03) 9682 6222 or 0438 557 885
nick@kingsfordproperty.com.au

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.

Agent Details
Agency Details
Kingsford Property

location

23 Coventry Street, Southbank, Victoria 3006

phone

Key Details
property ID 1703719
Media
Location