IMPRESSIVE 8.25% RETURN ON INVESTMENT...ONE BEDROOM + CAR PARK...
Situated on Level Three this is a one bedroom serviced apartment of approximately 42 square meters in addition to a large West facing 8 square meter balcony. Beautifully presented and maintained offering high ceilings, floor to ceiling glazing enhancing the natural light, quality fixtures and fittings including European stainless steel appliances and large bedrooms (BIRs).
The advantage of one secure under cover car park is also on title.
PLEASE NOTE THIS APARTMENT IS FOR THE ASTUTE INVESTOR ONLY - NOT FOR OWNER OCCUPATION
This apartment is securely leased to Quest until November 2028 with further options thereafter. With an impressive $453 per week return from November 2025, this well presented apartment is a high yield investment with annual rent reviews and minimal outgoings this may be perfect for your Self Managed Superannuation Fund.
An excellent investment opportunity set in a superb location in the Ivanhoe village and just 15 minutes from the CBD.
IMPORTANT INFORMATION:
RENT: $23,639pa (As of November 2025)
(Approx $453 per week)
RENT INCREASE: 4% annual in between Market Reviews
RETURN: 8.25% Gross ( 7.2% Nett)
LEASE: Until Nov 2028
OPTIONS: Two Further Five Year Options
OWNER PAYS:
Owners Corp Maintenance Fund: $1,670 pa
Council Rates: $564 pa
Water Rates : $772 pa
TENANT (QUEST) PAYS
Owners Corporation Administration Fund
Insurance, General Maintenance
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.
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