Phone enquiry code for this property : 6527

Abstract:

Fully furnished apartment + parking in high demand location
Address: Embassy building – 14 David St, Richmond 3121
Rent yield is 29%-38% p.a. (based on 90% LVR and 5.1% interest rate)
ANZ property valuation: $590,000 (Feb 23’)
Body Corp fees: $3600 p.a.
Size: total: 67sqm, internal: 59sqm, balcony: 8sqm
Investment is returned within 2-3 years
See detailed calculation in the ad photos.
All fee and expenses of this purchase will be by the buyer

Description:

Make your home in the heart of exciting and diverse Richmond, just 3km from the CBD, with an incredible selection of shops, cafes, restaurants, and entertainment at your fingertips, as well as a wealth of parks, gardens and riverside attractions.
With fully open landscaped public grounds at street level, pedestrian footbridge, and over 830 square metres of indoor social spaces Embassy delivers an extravagant array of exclusive resident spaces. Featuring the Embassy Club, a cinema, games room and selection of Sky Gardens, Embassy is perfect for entertaining friends, working from home, relaxing at the end of a long day, or just enjoying some quiet time by yourself.
Experience an exceptional lifestyle precinct like no other in Melbourne’s most sought-after suburbs. Perfectly positioned on the cusp of Melbourne’s north and south, enjoy superb proximity to the CBD and brilliant access to the blue-chip amenity of the leafy east.

Designed by award-winning CHT Architects, Embassy presents a contemporary and truly original architectural statement in a landmark location in the heart of Richmond.

Embassy offers residents a luxury lifestyle that extends beyond your apartment with resort-style amenities adding a new dimension to apartment living.
Featuring:
- Embassy Club overlooking the Yarra River
- Sky Gardens housing stunning outdoor entertaining areas
- Cinema and games room
- Health Club

Step inside your meticulously designed and elegantly finished one-bedroom apartment and be greeted by:
- Floor to ceiling windows that allow your home to be filled with natural light
- Open plan living and dining extending out to a spacious private balcony
- European appliances and stone benchtops
- Engineered timber floorboards throughout the kitchen, living and dining
- Spacious bathroom
- Both bedrooms are large bedrooms with ample storage. 2nd bedroom is a study with a highlight window.

Inclusions:

AC and reverse cycle heating
Integrated fridge
Integrated dishwasher
Oven
Stove
1 car park bay
1 Storage case
Built in wardrobe

Size

Internal: 59sqm
Balcony: 8sqm
Total: 67sqm

Floor plan:

Attached as the last photo

Phone enquiry code for this property : 6527