NORTH FACING - PRIME ONE BEDROOM APARTMENT WITH CAR PARK...
This impressive apartment is situated on Level Twelve offering a preferred northerly aspect with views toward the Yarra River and Melbourne's CBD. This is a one-bedroom apartment measuring 52 square meters. The fully furnished apartment offers a generous bedroom with built in robes, lounge, fully equipped kitchen with dishwasher, four hotplates, oven, and loads of storage. In addition, a fully appointed bathroom with shower over bath, laundry facilities and secure entry.
The property offers a heated pool, sauna, spa, gymnasium, sun deck, restaurant and bar, good security, and is in a prime location in heart of the Melbourne's Arts precinct, Crown Entertainment complex and the CBD just a short walk over the Yarra River.
The apartment is currently leased to the Mantra Group until January 2027, with a lease termination option for owners by simply providing 90 day's notice to vacate to Mantra. This lease also offers a 14 day Owner's Use clause.
A perfect set and forget investment or primed for your own owner occupation.
IMPORTANT INFORMATION:
Internal Size: 52 sqm
Annual Gross Rent: $25,179 (FY 25-26)
Return: 6.6% Gross
Approximate Outgoings:
Owners Corp Admin Fees:$4,511 pa
O C Maintenance Fund:$1,515 pa
Council Rates:$1,561 pa
Water Rates:$751 pa
Lease: Until January 2027
Options: NIL
Owners Use : 14 Days per year.
Lease Termination : 90 Days Notice.
Inspection is by private appointment.
For further details please contact:
Nick Walters of Kingsford Property - 0438 557 885
Nick@kingsfordproperty.com.au
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. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. We urge all interested parties to conduct their own due diligence and seek independent professional legal advice to ensure this information is accurate.
assignmentLooking for more information on 1205/33 City Road?
Explore comparables, sales history and growth for this property.