With an enviable Flinders Lane address at the Paris End of town and warehouse feel, this charming 1-bedroom gem is one for the future.
HOTEL LEASE INVESTORS ONLY
- Highly desired Paris End Location
- Quiet position in boutique block
- Soaring exposed concrete ceiling and pillars
- Full width window surrounded by original red brick
- Sleek kitchen, with ample cupboard and bench space
- Generous open plan living/dining area
- Huge bedroom with built in robes
- Spacious bathroom with Euro Laundry
- Able to owner occupy in next 7 years
Hotel Lease ending November 2021 with 1 further 6-year option at the tenants discretion
Investment information:
-Rent is $1,424 pcm (please note during covid this figure will temporarily be reduced)
Annual Outgoings:
-Water Rates – $663
-Council Rates – $1,101
-Owners Owners Corporation fees – $4,730
-Admin fund contribution: $3,452 paid by tenant
Total Outgoings PA – $3,043
Whilst every care is taken to ensure accuracy of the sizes, plans and information contained herein no guarantees or warranties are given. Clients are required to make their own investigations, carefully check the formal legal documentation and seek independent professional legal advice.