;
Sold Oct 2014
HUGE 7.4% RETURN - 2 BEDROOM APT - $345k - 30 DAYS OWNERS USE...

601/43-51 Lonsdale Street, Melbourne, VIC 3000

2 beds 1 bath 0 car
Apartment

$338,000

601/43-51 Lonsdale Street has been Sold
Apartment 601
43 – 51 Lonsdale Street,
Melbourne
$345,000 (Private Sale)
N.B. THIS IS FOR THE ASTUTE INVESTOR ONLY - NOT FOR OWNER OCCUPATION.
Situated on the preferred Northern East corner of the block this is a superb two bedroom sixth floor apartment of 53 square meters, offering bathroom with laundry facilities, kitchen, and lounge leading to a two square meter balcony overlooking Lonsdale Street. The complex is positioned right in the heart of Melbourne’s theatre precinct.
This investment apartment is operated by Quest and returns an impressive $489 per week.
Long term lease and minimal outgoings apply here with owner’s corporate fees, general maintenance, water rates and insurances all paid by your tenant – Quest.
Please Note: The owner can use their apartment for up to 30 days per year. (Conditions apply)
Lease: Until October 2017
Options: 1 x 10 Year Option
Rental: $25,535 pa ($2,128 per month)
(With annual CPI increases from the third year of each term, between market reviews)
Return: 7.4%
Outgoings:
Tenant (Quest) pays: Owners Corporate, Water Rates, General Maintenance and Insurances
Owner pays: Council Rates: $848 pa (Approx)
Maintenance Levy: $1,094 pa (Approx)
For further enquires please call us - the serviced apartment specialists...
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.
Features
Floor Area: 53sqm
Rooms: 4
What's Nearby
What's Nearby
Schools
Transport
Eats
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Comparable Sales
See what properties like this have been selling for
Meet the Neighbours near 601/43-51 Lonsdale Street SA1 - 2112232 See demographic, employment and income info about the people living in this part of Melbourne
$922
Monthly Personal Income
$2,258
Monthly Household Income
$1,500
Monthly Mortgage Repayments
The average age is 24
Majority are Couples without children
Most residents Renting
Weekly Income
Pocket
Melbourne
Employed as Accommodation and food services
Accommodation and food services
Professional scientific and technical services
Retail trade
Public administration and safety
Arts and recreation services
Pocket Profile
Ask Nick about 601/43-51 Lonsdale Street, Melbourne, VIC 3000
Nick Walters
Nick Walters
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