304/1384 Dandenong Rd

Hughesdale VIC 3166

55 m²

Apartment

Currently for sale - view listing

Overview

PUNT HILL HUGHESDALE - A Guaranteed $510 per week LEASED to April 2029

A guaranteed return $510 per week for an extra-large, 3rd floor, 1 bedroom apartment with car space at Punt Hill, Hugesdale. This apartment is strictly only for the Investor with current 5 YEAR Lease commencing on the 20th February 2024 & running to 2029. Apartment has just been renovated with new carpet, painting & window furnishings. Excellent tenant - Punt Hill Serviced Apartments. www.punthill.com.au with a further three (3) 5 year options that sit with the tenant. No vacancy periods, no letting fees and no advertising for any new tenant. The existing Lease has yearly CPI reviews and the tenant pays the bulk of the body corporate fees. The numbers are big for a 1 bedroom, $26,534 per annum, $2,211 per month, $510 per week. Fittings include, granite benches, Stainless Steel appliances, heating, cooling, window furnishings, Euro laundry. Quality fit-out including stone benches, stainless steel appliances, heating, cooling, window furnishings and Euro laundry. While the building features concierge security entry, lift access, car parking, gym and outdoor spa. Superb location walking distance to Chadstone Shopping Centre, Oakleigh Station and parkland. Ideal for your own Superannuation fund, or good long term investment.