WALK TO RIVER, CROWN, NGV!
1 BEDROOM | 1 BATHROOM | BALCONY + CAR PARK
Positioned in the heart of Southbank, this one-bedroom, one-bathroom apartment features a private balcony and car park, providing a well-located investment close to some of Melbourne's most recognised attractions.
PROPERTY DETAILS
1 Bedroom
1 Bathroom
Balcony
Car Park
INVESTMENT DETAILS
Price: $315,000
Current Rentr: $19,723 p.a. / $379 per week
Gross Return: 6.26%
Net Return: 5.46%
APPROXIMATE OWNER OUTGOINGS
Council Rates: $1,322 p.a.
Water Rates: Paid by Tenant
OC Sinking / Maintenance Fund: Approx. $1,200 p.a.
Total Approximate Owner Outgoings: $2,522 p.a.
PRIME SOUTHBANK LOCATION
A mere stroll from Melbourne's iconic attractions including the Royal Botanic Gardens, Arts Centre Melbourne, National Gallery of Victoria and Federation Square.
Crown Melbourne and Southbank's vibrant waterfront precinct, with its restaurants, cafés, bars and entertainment, are also within easy reach.
With Melbourne's CBD, Yarra River and some of the city's best-known cultural and entertainment destinations nearby, the position offers excellent convenience in the heart of Southbank.
THE POSITION IS BRILLIANT!
Combining a one-bedroom apartment with balcony and car park, $19,723 per annum rent from October and a 6.26% gross return, this property presents an opportunity to secure a well-positioned Southbank investment.
For more information, please contact:
Mandy Fountain
Director & Licensed Real Estate Agent
Ph: 0408 103 010
Annie Strafford
Sales Agent
Ph: 0406 322 888
Mandy Fountain specialises in Serviced Apartment Sales across Australia, with a sound understanding of lease structures and tenant and owner obligations.
DISCLAIMER
The information provided herein, and any further information supplied, is intended as general information only and is not to be construed as investment, legal or taxation advice. Potential investors are encouraged to seek advice from their legal, financial and other professional advisors prior to investing to determine whether this type of investment is suitable for their specific needs.
The information contained has been provided by the vendors or third parties. Potential purchasers are advised to conduct independent due diligence to ensure its accuracy. No responsibility is accepted for its accuracy, and all interested parties should make and rely upon their own enquiries.
