101/2-9 Finlay Pl, Carlton, VIC, 3053 - Apartment Sold on 24 07 2016

SoldJul 24, 2016

101/2-9 Finlay Pl, Carlton, VIC, 3053

$361,750

Apartment

•

30+ days on the market

Sold: Jul 24, 2016

What's around 101/2-9 Finlay Pl

QUEST CARLTON ON FINLAY - 60 DAYS OWNER'S USE..!

A fantastic opportunity exists with this newly refurbished two bedroom serviced apartment located on the first floor and featuring a large 16 sqm entertainer’s terrace. The apartment boasts a generous living and dining room which benefit from excellent natural light opening to the fully equipped kitchen. The sparkling bathroom has been well designed and also comprises laundry facilities. Further features also include split system heating and cooling, built in wardrobes and secure 24-hour reception. N.B. THIS IS FOR THE ASTUTE INVESTOR ONLY - NOT FOR OWNER OCCUPATION One of only 52 in this boutique block, the property is located on the edge of the CBD off Lygon Street, Carlton. Offering easy access to one of Melbourne's most famous tourist precincts enjoying fine restaurants and cafes while the city, museum and Melbourne University are only minutes away by foot or tram. Currently leased to the Quest Group until November 2020 and offering a rental of approximately $456 per week, the complex is run as a 4 star rated apartment hotel and offers a continuous income stream with substantially reduced outgoings. Please Note: The owner can use their apartment for up to 60 days per year (Conditions apply). Current rent: $23,713 pa (With annual 4% rental increase between market reviews) Return: 6.4% Options: 1 X 5 Years Outgoings Tenant Pays: Owners Corporation fees Insurance General maintenance Owner Pays: Council and water rates: $2,165 pa (Approx) Sinking Fund: $1,019 pa (Approx) ADVERTISING PHOTOS: Internal shots are accurate - view from the apartment is not representative. For further enquiries, please call: Nick Walters of Kingsford Property - Melbourne's Serviced Apartment Specialists (03) 9682 6222 or 0438 557 885 nick@kingsfordproperty.com.au 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.

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Seller's review

over 9 years ago

Verified Review

Sale of leased unit

Martin had sold the investment property to us approximately 16 years ago . We had no hesitation in being involved with Martin and Kingsford Property again, and the property sold quickly, with us being updated regularly as to the progress.

Seller