FULLY FURNISHED 1 BEDROOM $299,900
1 BEDROOM 1 BATHROOM | FULLY FURNISHED | MELBOURNE CBD PARIS END
Positioned in Melbourne's highly sought-after Paris End, this apartment places the successful purchaser within easy reach of the very best the city has to offer.
Federation Square, Bourke Street Mall, Degraves Street cafés, Melbourne's renowned dining and theatre precincts, together with major sporting and entertainment venues including the MCG, Rod Laver Arena, Olympic Park and Docklands Stadium, are all conveniently accessible.
ONE BEDROOM ONE BATHROOM | FULLY FURNISHED
This spacious one-bedroom apartment is offered fully furnished, including couch, bedding, crockery inventory, fridge, TV and other furnishings, allowing the successful purchaser flexibility for personal use or future leasing options.
PROPERTY DETAILS
Price: $299,900
1 Bedroom
1 Bathroom
Fully Furnished
Vacant Possession Available or Hotel Lease Available
FLEXIBLE OPTIONS FOR THE NEW OWNER
The property offers exceptional flexibility, allowing the new purchaser to choose an arrangement that best suits their investment, lifestyle or business needs, including:
Owner occupy with vacant possession.
Secure a new fixed 7-year lease with the hotel, providing fixed rental income with scheduled 3% increases.
Enter into a flexible occupancy-based hotel lease.
Purchase for your own holiday or business accommodation, giving you a convenient base whenever required while generating income.
Operate as short-stay accommodation, including Airbnb.
Lease the apartment on the residential market as a traditional rental investment.
A rare opportunity offering the purchaser the freedom to choose between personal use, fixed rental security, flexible hotel income or independent letting.
PRIME MELBOURNE CBD LOCATION
Located in the Paris End of Melbourne CBD, the apartment is within easy reach of Federation Square, Bourke Street Mall, Degraves Street cafés, restaurants, theatres and major shopping precincts.
The MCG, Rod Laver Arena, Olympic Park and Docklands Stadium are also conveniently accessible, making this an excellent inner-city location for both personal use and investment purposes.
APPROXIMATE OWNER OUTGOINGS
Council Rates: $1,500 p.a.
Water Rates: $1,131 p.a.
Owners Corporation Administration & Maintenance Fee: $4,200 p.a.
Total Approximate Outgoings: $6,831 p.a.
PLEASE NOTE
The property is being offered with vacant possession and is not being sold subject to an existing hotel lease. Any future hotel, private or short-term accommodation arrangement would be subject to the purchaser making their own enquiries and obtaining any required approvals.
PRICED FOR IMMEDIATE SALE PLEASE CALL TO ARRANGE AN INSPECTION!
BE QUICK TO SNAP UP THIS OFFERING PRICED FOR IMMEDIATE SALE
Please note some images may be generic and not of exact lot.
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 purchasers are encouraged to seek advice from their legal, financial and other professional advisors prior to purchasing to determine whether this property is suitable for their specific needs.
The information contained has been provided by the vendor 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.
