TWO BEDROOMS, TENANT PAYS COUNCIL, WATER & ADMIN LEVIES.
Recently refurbished, this spacious two bedroom apartment is in a prime location in the heart of Melbourne's CBD with just a short stroll to quality retail shops, cafes, bars and restaurants and minutes away from Bourke Shopping Mall, Etihad Stadium, Queen Victoria Market as well as Southbank's Crown Entertainment Centre and Docklands.
The apartment offers a U-shaped kitchen with stainless steel appliance, electric cooktop, dishwasher and loads of storage, living and dining area, master bedroom with built in robes, double second bedroom, large bathroom with shower over bath and European laundry.
The quality building provides residents with designated floor lift access, video security and a convenient Melbourne address with public transport at the doorstep.
All in all, this apartment would appeal to the astute investor with little to do, but also with the ability to secure a leased with Quest until 2023 with a further 3 Terms
Summary of the details are as follows:
• 3% rental increases per annum until 2023!
• Quest pay Council, Water & Owner Corporation Admin Levies!
• Current Rent: $1,819.29 ($21,831.47 annum)
• Lease Terms: Lease to 9th Jan 2023 with 3 x 5 year options
Rent Income per annum:
Jan 2020- $22,486.41 pa
Jan 2021- $23,161.00 pa
Jan 2022- $23,855.83 pa
Next Market Review 2023
Inspection by private appointment.
Note: Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent