Offering an outstanding income-focused opportunity, this Punt Hill serviced apartment combines an established commercial lease with an impressive rental return in a highly accessible Hughesdale location.
The apartment is currently leased to Punthill Oakleigh Pty Ltd, with the current five-year renewal having commenced in April 2024. The lease provides for annual CPI rent adjustments, together with two further five-year terms, providing an established long-term leasing structure for the incoming owner.
The apartment itself offers a bright open-plan living and dining area, kitchen with stainless-steel appliances and split-system heating and cooling. An adjoining balcony provides additional outdoor space.
The generous bedroom includes a built-in robe and balcony access, while the bathroom features an oversized walk-in shower.
Positioned for excellent connectivity, the property provides convenient access to Chadstone Shopping Centre, Holmesglen Institute, Monash University, public transport, major arterial ro
