NB: THIS IS FOR THE ASTUTE INVESTOR ONLY - NOT FOR OWNER OCCUPATION
On offer here is a large two bedroom apartment of 74 square meters with spectacular North Easterly views over the historic Exhibition Buildings and toward the Dandenong Ranges from the 6 square meter balcony.
In addition to the spacious bedrooms, this recently refurbished apartment has two fully appointed bathrooms, one with laundry facilities. Also, a large open plan kitchen and dining area leads on to the welcoming lounge.
Returning a huge $441 per week, this property is leased to the Mantra Group until 2015 with additional options thereafter. Facilities such as heated pool, sauna, and sun deck enhance this quality high yield investment.
Rent: $22,936 pa (Excluding GST)
(With annual 3% increases between Market Reviews)
Lease: Until October 2015
Options: 4 x 5 year options
Owner Council and Water rates: $2,210 pa (Approx)
Tenant Owner’s Corp Fees, Insurance, General Maintenance, Refurbishment and Water Usage