Overlooking the serene and historic Christ Church is this 'set and forget' investment apartment leased to Quest St Kilda Bayside on a long term lease.
A bright 1 bedroom balconied apartment featuring a well appointed kitchen, generous living dining area opening to balcony, excellent bedroom with stylish ensuite and laundry facilities. A carpark is also on title.
Building amenities include onsite gym and swimming pool.
Located in a quiet leafy position this apartment is just a few minutes walk to St Kilda beach and pier plus the vibrant bars, cafes and restaurants of Fitzroy and Acland Streets.
Note: This is an investment property only and not available for owner occupation or private rental.
INVESTMENT SUMMARY
Current lease: To 30/06/2027
Options: 4 x 5 years
Current rent: $22,908 p.a.
Reviews: 3% annual increases
Market reviews: At the commencement of each new term.
OUTGOINGS
Owner Pays:
Council rates
Water rates
Owners corporation maintenance fund
Tenant (Quest Bayside) Pays:
Owners corporation administration fund
Utilities
General maintenance
Insurances
Inspection by appointment.
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.
