302/11-17 Cohen Place, Melbourne, VIC, 3000 - Apartment Sold on 12 11 2011

Home

Melbourne

SoldNov 12, 2011

302/11-17 Cohen Place, Melbourne, VIC, 3000

Amount undisclosed

Apartment

•

Sold: Nov 12, 2011

What's around 302/11-17 Cohen Place

One of the Best Investments in Downtown Chinatown, 7.5% Return on Asking Price!

**Only for Investment** If location matters to your investment property then this apartment situated in the heart of Melbourne's historic Chinatown is THE PERFECT investment for you! The studio apartment comprises of a modern kitchen, well appointed bathroom, balcony and reverse cycle a/c. Facility features including an indoor lap pool, gym, concierge service and restaurant. This investment is currently leased to Punthill for a rental yield of approx $12,709 per annum with a + 4% annual fixed increment. The lease term is 5x5x5 years beginning the 1st November 2010 giving you a long term secured lease. With tenant paying for outgoings and maintenance of fixtures and fittings, this is an opportunity not to be missed! Call Joe Cimino - 0418 336 269 or Anthony Cimino - 0400 500 903 to arrange your private viewing.