In the landmark ONLY building renowned for its world-class residents' facilities, this first-floor apartment is sure to make an impression with its quality inclusions, rewarding returns and close proximity to the area's key lifestyle attractions.
Current lease expires 20/09/2027 plus 3 further 5-year terms (Quest has the option to renew)
These terms are set to commence September 21st in 2027, 2032 and 2037 respectively
Rent is increased annually (on September 21) in accordance with CPI for that period
At the start of any further term, the rent will be set according to market rent review
Current rental income is $1,750 PCM
Property Outgoings:
Owners Corporation - $3,086 per annum
Council Rates - $902 per annum
Water Rates - $737 per annum
Please note these figures are approximate, please do your own due diligence.
Inside, you'll find an on-trend interior comprising a sizeable bedroom with built-in robes serviced by a stylish central bathroom complete with stone-top vanity and fully-tiled shower.
Add to this a well-proportioned open living/dining area accompanied by a stone-top kitchen with soft-close cabinetry, quality cooking appliances, integrated dishwasher and concealed fridge space.
Other highlights include an enclosed balcony, split-system heating/cooling, double-glazed windows and discreet laundry facilities, plus a secure foyer with fob entry.
Complementing this terrific investment package are the building's exclusive amenities including private rooftop pool, gymnasium, entertaining suites, spacious lounge areas, library, gardens and BBQ facilities.
City-bound trams at your doorstep and Melbourne's iconic Flemington Racecourse across the road, it's also close to Newmarket Station, along with popular cafes, bars and restaurants, along with specialty shops and major supermarkets.
Note: Inspections via private appointment only.
