SoldNov 5, 2015

1612/333 Exhibition Street, Melbourne, VIC, 3000

$452,000

2
2
70 m²

Apartment

22 days on the market

Sold: Nov 5, 2015

What's around 1612/333 Exhibition Street

Attracting A Huge $536 / Week - 6% Return

Situated on Level 16, this is a large recently refurbished two bedroom apartment of 70 square meters with a superb West facing balcony commanding excellent views over Melbourne's vibrant CBD. In addition to the two spacious bedrooms with BIR's, this apartment offers two fully appointed bathrooms, one with laundry facilities, and a large open plan kitchen, dining and lounge area leading to a 4 square meter balcony. The property offers a pool, sauna, sun deck, gymnasium, good security and is in a fabulous Melbourne location near the heart of the theatre precinct of Melbourne. There is also parkland within a minutes walk, and quality restaurants and retail shops close by which only enhance this quality high yield investment. This apartment is presently leased to the Mantra Group until October 2020 with additional options thereafter. N.B. THIS IS FOR THE ASTUTE INVESTOR ONLY - NOT FOR OWNER OCCUPATION Rent: $27,917 pa (with annual 3% increases between market reviews) Return: 6% Lease: Until October 2020 Options: 3 x 5 year option Outgoings: Owner Council and Water rates: $2,200 pa (approx.) Tenant Owners Corp fees, Insurance, General Maintenance, Refurbishment and Water usage. For further enquiries please call: Nick Walters of Kingsford Property - The Serviced Apartment Specialists. 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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