Recently repainted and re-carpeted, this is a beautifully presented second floor two bedroom (Twin Key) apartment measuring 72 square meters with an additional 7 square meter South facing balcony. This apartment Lot can also be used as a one bedroom apartment, and a separate studio apartment – each with their own entrance.
Offering high ceilings, floor to ceiling glazing enhancing the natural light, quality fixtures and fittings throughout including European stainless steel kitchen appliances, large bedroom with BIRs, individual split system air conditioning in the bedrooms and lounge and one secure under cover car park on title.
This apartment is securely leased to Quest until November 2023 with further options thereafter. With an impressive $588 per week return, 4% annual rent reviews between market reviews, and minimal owner outgoings, this is a high yield investment which may be perfect for your Self-Managed Superannuation Fund (SMSF).
NB THIS IS FOR ASTUTE INVESTOR ONLY – NOT FOR OWNER OCCUPATION
An excellent investment opportunity set in a superb location in the Ivanhoe village just 15 minutes from the CBD.
RENT: $30,602 pa
($2,550 per month approx.)
INCREASE: Annual 4% increase between market reviews
RETURN: 6.8% (Gross)
LEASE: Until Nov 2023
OPTIONS: 6 x 5 years
TENANT (Quest) PAYS:
• Owners corporation fees
• General maintenance
• Water usage
• Council rates:$958 pa (approx.)
• Water rates: $800 pa (approx.)
• Sinking fund: $1,563 pa (approx.)
For further inquiries, please contact:
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.