202/1384 Dandenong Rd

Hughesdale VIC 3166

46 m²

Apartment

Currently for sale - view listing

Overview

BOOST YOUR CASHFLOW - 9.5% RETURN

Located within Punt Hill Oakleigh apartment hotel and situated on level two with the preferred Easterly aspect is this contemporary one-bedroom serviced apartment of approximately 46 m2 internally. NB: THIS IS FOR THE ASTUTE INVESTOR ONLY - NOT FOR OWNER OCCUPATION. Well presented and maintained this apartment offers high ceilings, floor to ceiling glazing, excellent natural light, stone bench tops, European stainless-steel appliances and a large bedroom (BIRs) plus tiled bathroom, laundry facilities and open plan kitchen and lounge area leading to a bright balcony. One car park is also on title. The Punthill Oakleigh Hotel is located minutes to Chadstone Shopping Centre, Oakleigh, Notting Hill and Clayton business centres and just 12km to Melbourne CBD. IMPORTANT INFORMATION: RENT: $26,534.04 pa ($510 per week approx.) INCREASE: Annual 3% between Market Reviews. RETURN: 9.5% Gross LEASE: Until April 2029 OPTIONS: Two Further Five Year Options TENANT: (Punthill) Outgoings: Owners corporation administration fund Insurance General maintenance OWNER: Outgoings Owners corporation maintenance fund: $2,180 pa approx Council Rates: $1,150 pa approx Water Rates: $704 pa approx Inspection is by private appointment. Disclaimer: 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. This information has been provided by third parties. Potential purchasers are advised to conduct independent due diligence to ensure its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is in fact accurate.