A highly rewarding investment in a boutique serviced apartment with the beautifully restored 'Warwillah' mansion as the main entrance. The one bedroom apartment with car park with postcard views overlooking the St Kilda Road precinct receives annual rental returns of $20,923.44 ($1743.62 per calendar month) until March 2018, with options of two (2) further terms of five (5) years each. There are annual rental increases based on the CPI every 12 months. The apartment features an open plan living, quality fittings and fixtures, sparkling modern bathroom and cooling and heating. With transport at the door providing exceptional city access, and stroll to lively St Kilda Beach, Wesley College, Albert Park Lake/Golf Course and the tempting Fitzroy Street cafes and restaurants. Amenities include 24 hour concierge services, a gymnasium and a restaurant/bar on ground level. Estimated Selling Price: $320,000 - $340,000 The studio apartment with views of Albert Park Lake receives annual rental returns of $11,306.88 ($942.24 per calendar month) until March 2018, with options of two (2) further terms of five (5) years each. There are annual rental increases based on the CPI every 12 months. Estimated Selling Price: $170,000 Bonus - Up to 21 nights of hospitality per year. Enquire today and don't miss out on this highly rewarding investment. 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. Prospective purchasers are advised to carry out their own investigations.
|Address||Price||Property type||Sale type|
|2603/33 Mackenzie Street||2||$620,000||House||Sale|
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