This impressive turnkey apartment comes fully furnished.
Situated on level eight and offering a quiet North/Easterly position. This two-bedroom property measures a generous 75 m2 internally with views across Melbourne's Arts Centre Spire and beyond.
The two spacious bedrooms offer built in mirrored robes, the main bedroom also providing a Juliette balcony. Add to this, an open plan and fully equipped kitchen/ dining and lounge area. The kitchen features stainless steel appliances, ample bench space and excellent storage. The bathroom is fully appointed and there is a separate European laundry outside of the bathroom.
To top it off, one secure under cover car park is on title.
Additional features include ducted heating and cooling, secure intercom entry, concierge service, lift access and a function room with city views.
The property offers a heated pool, sauna, spa, gymnasium, sun deck, restaurant and bar, good security and is in a prime location in the heart of Southgate, the Arts precinct, Crown Entertainment complex and the CBD just a short walk over the Yarra.
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 Mantra to vacate. This lease also offers a 14 day Owner's Use clause.
An excellent opportunity to occupy the apartment yourself or a perfect set and forget investment or primed for your own short stay accommodation.
IMPORTANT INFORMATION:
Annual Rent: $44,135 P/A
Return: 9.3%
Lease: Until January 2027
Options: Nil
Internal Size: 75 sqm
Owners Use : 14 Days per year.
Lease Termination : 90 Days Notice.
Approximate Outgoings:
Owners Corp Admin Fees: $6,431.22 pa
O C Maintenance Fund: $2,005.97 pa
Council Rates: $1,470.83 pa
Water Rates: $729.55 pa
Inspection is by private appointment.
Call Nick Walters of Kingsford Property
0438 557 885
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.
