113/1142 Mt Alexander Rd, Essendon, VIC, 3040 - Apartment Sold on 18 11 2022

SoldNov 18, 2022

113/1142 Mt Alexander Rd, Essendon, VIC, 3040

$410,000

0 m²

Apartment

•

30+ days on the market

Sold: Nov 18, 2022

What's around 113/1142 Mt Alexander Rd

Current 5 Year Lease - A Guaranteed $555 per week for a 2 Bed, 2 bath with car cark

On offer is a guaranteed return of $555 per week for a 2 bedroom, 2 Bathroom apartment with car park at Punt Hill, The Essendon Grand. Strictly, only for the Investor, is this roomy apartment, with NEW 5 YEAR Lease just agreed to & commencing on the 20th February 2021. Existing tenant, PUNT HILL has been in occupation for the past 15 years & with another Two (2) further 5 year options. No vacancy periods, no letting fees and no advertising for any new tenant. The numbers are big when compared to other local rentals, $28,889 per annum, $2,407.43 per month or $555 per week. Quality fit-out including granite benches, stainless steel appliances, heating, cooling, window furnishings and Euro laundry. Superb location with shops, public transport, pubs and major roads nearby. No vacancy periods & no letting fees. Ideal for your own Superannuation fund.