REFURBISHED GLEN WAVERLEY APARTMENT $26,223 PA RENT
Rents paid regardless of occupancy, no management fees, letting fees or owners corporation administration levies,.
ONE BEDROOM, ONE BATHROOM + BALCONY & SECURE CAR PARK ON TITLE
RECENTLY REFURBISHED WITH NEW CARPET, FRESH PAINT, DOWNLIGHTS, BLINDS AND NEW STONE BENCHTOPS TO KITCHEN AND BATHROOM.
Glen Waverley is a bustling suburb providing access to plenty of dining, shopping, entertainment and more. With the Monash Aquatic Centre, Jells Park, Monash University Clayton Campus and Monash Hospital all nearby, business professionals and tourists alike will enjoy what's on offer.
Only a short to the Kingsway Restaurant and Entertainment Precinct, The Glen Shopping Centre and Century City Cinemas. Everything at your doorstep.
Lease Details:
Price: $365,000
Current Rent: $26,223 pa $504 p/w
Current Return: 7.18% Gross 6.31% Net
Increases as follows:
December 2026 + 4% = $27,272 pa 7.47% Gross
December 2027 + 4% = $28,363 pa 7.77% Gross
December 2028: Market Review
Lease Terms: Lease to December 2028 with 5 x 5-year options
Investors: Secure this entry-level one-bedroom apartment offering a combination of strong rental income, scheduled rental increases and a long-term lease.
Recently refurbished throughout, the apartment has been updated with new stone benchtops to both the kitchen and bathroom, new carpet, fresh paint, upgraded downlights, blinds and window furnishings throughout.
PROPERTY FEATURES
Spacious open-plan living and dining area
Well-appointed kitchen with brand-new stone benchtops
Generous master bedroom
Private balcony
Separate toilet and main bathroom
Brand-new stone bathroom vanity
Frameless glass shower
Secure car park on title
New carpet throughout
Freshly painted throughout
New downlights
New blinds and window furnishings
Regrouted throughout
Approximate Owner Outgoings:
Council Rates: $1,100 per annum
Water Rates: $800 per annum
Body Corporate Sinking Fund: $1,260 per annum
Please note outgoings are subject to change by the relevant authorities.
Please call Mandy Fountain for more information on 0408 10 30 10.
Disclaimer: The information provided herein, and any further information supplied, is provided by way of example only. It is intended as general information only and is not to be construed as investment, legal or taxation advice. Potential investors are encouraged to seek the advice of their legal, financial and other advisors prior to investing, so as 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. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is in fact accurate.
