Over 6.5% Net Return
Here's one to silence those who say they can never find an outstanding investment property. If this doesn't satisfy you, we doubt anything will!
This fully self-contained one bedroom apartment presents as a great investment opportunity and features a good sized bedroom, large modern bathroom, fully appointed kitchen, with air conditioning and heating throughout and located opposite H & M retail store - Melbourne GPO.
Your investment is protected by its superb location, steady returns with a very reputable tenant - Mantra Hotel Group. For the investor, this is a straight forward and easy property to have in the portfolio that provides peace-of-mind and loads of potential.
All outgoings are paid for by the tenant except special levy.
Lease expires 19/11/2019 with 3 further terms of 5 years each.
Currently Returning $17,566.68 p.a with CPI increase.
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers/lessees are advised to carry out their own investigations.