Centrally located in the highly sought after area of Glen Waverley, this serviced apartment is available for direct purchase as a secure income producing property with a long lease and built-in rental increases.
This 1 bedroom apartment features an open dining living area, generous bathroom with European laundry and on-site facilities such as a gym and conference room.
Offering the investor certainty and peace of mind, Quest looks after all the day to day business and rent is paid regardless of occupancy.
Lease Details:
- Leased till 7th December 2023 with further 3 x 5 years option
- Rent: approx. $2,138.39 pcm, $25,660.68 p.a
- Rental increase: 4% increase on the 3rd, 4th and 5th years of the term with market review at the end of each term.
Landlords Outgoings:
- Council Rates
- Water Rates
- Owners Corporation Maintenance Fund
