204/4-18 Ferguson Street, Williamstown, VIC, 3016

SoldMay 17, 2016

204/4-18 Ferguson Street, Williamstown, VIC, 3016

$372,500

47 m²

Apartment

•

30+ days on the market

Sold: May 17, 2016

What's around 204/4-18 Ferguson Street

PRIME WATERSIDE INVESTMENT...

This top floor one bedroom apartment presents in as new condition with a floor space of 47 square meters plus a 7 sqm balcony with access from both the living area and bedroom. Includes one secure car park within a boutique complex of just 42 apartments. Situated a stone’s throw from the water’s edge in vibrant Ferguson street, with a secure long term lease. Owners benefit from the option to stay in their apartment for up to 30 days per year (conditions apply). Returning an impressive $475 per week, this apartment is presently leased to the Punt Hill Group until August 2017 with further options thereafter. NB THIS IS FOR THE ASTUTE INVESTOR ONLY - NOT FOR OWNER OCCUPATION This is a blue chip property investment for the astute investor. CURRENT RENT: $24,730 pa(Approx) RETURN: 6.5% REVIEWS: Annual CPI increases between market reviews LEASE: Until August 2017 OPTIONS: 4 x 5 year options TENANT PAYS: Owners Corporation fees Insurance General maintenance Water usage OWNER PAYS: Council rates: $1,116 pa (Approx) Water Rates: $620 pa (Approx) Sinking Fund: $916 pa (Approx) For further enquiries or to arrange an inspection please call Nick Walters of Kingsford Property - The Serviced Apartment Specialists Mob: 0438 557 885 Ph: (03) 9682 6222 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.