There is no guessing why this Quest complex is constantly in high demand, offering the investor a secure income stream with minimal outgoings. Balmoral Street is perfectly located in the heart of Prahran/South Yarra walking distance to shops, cafs, restaurants, cinemas, parks and public transport. This apartment is securely leased by Quest apartments and used as a serviced apartment; owners can use the apartment up to 60 nights per year (conditions apply)CPI increase in year three of each lease term.

Lease term: 4 x 5 year

Outgoings: Council and water rates

Tenant pays: Body corporate fees, insurance, water usage and general maintenance.