This modern and luxuriously appointed studio apartment is a ‘must’ inclusion for your property investment portfolio. With an annual return of $20784 approx. ($1743 per month) and long secure lease this serviced apartment offers a steady income stream & secure future.
An opportunity to buy a property which actually pays for itself!
Features include: Stunning light filled studio with large windows with city and Port Phillip Bay views, spacious living area, quality modern furniture, functional kitchen, large sparkling bathroom, ducted heating and cooling,
Leased until September 2021 with further 3x 5 year options thereafter. Rental Review: 5% every 2nd year.
Tenant pays for Owners Corp Fees, Council Rates, Water Rates, Insurance, and General Maintenance. Owner pays Maintenance Levy: $250 approx. per quarter.
Building offers pool, gym, concierge foyer and conference facilities with an extensive piazza complete exceptional surroundings in the very heart of the CBD.