Calling all investors! Wanting to secure blue chip real estate in sought after precinct- look no further.
UNDER LONG TERM LEASE WITH QUEST APARTMENT HOTELS- YOU CANNOT OWNER OCCUPY WHILE UNDER LEASE
Fabulous One-bedroom complete with balcony and secure covered parking-
Lease Details:
Current Rent: $460 pw - $23,953 pa
Current Return: 7.15% Gross - 6.15%- Net
Rent Increases as follows:
July 2027- Market Review.
Lease Terms: Lease to 30 /06/ 2027 with 5 x 5 yr options.
Located within tree- lined blue-chip pocket of St Kilda. Complete with outdoor balcony off the main living room, good size bedroom, open plan kitchen, and large main bathroom with inbuilt laundry.
Complete with a secure carpark on title- A mixed use building, a blue-chip investment addition with long term potential.
Approximate Owner Outgoings:
Council Rates: $908 per annum
Water Rates: $740 per annum
Body Corporate Administration fee: Paid by tenant
Body Corporate Sinking fund: $1700 per annum
INSPECTION AVAILABLE BY APPOINTMENT ONLY
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 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.
