APT # 42
Serviced apartment with a current rental $8,100 per year PLUS the tenant pays the administration levy component of the Owner’s Corporation which effectively equates to an additional $35 approx per week in rent – plus no vacancy to worry about or agency advertising costs!
The current lease expires in 2017 with a further 5 year lease option and rent review at the time of the new lease.
Redan Street is a fantastic leafy location opposite St Michael’s Grammar School with Chapel Street a hop and skip away, as is the Windsor train station and the Astor Theatre.
Great opportunity for those buyers with a self managed superannuation fund wanting an easy-care investment. You wont find many strata titled properties around with parking with this rental return at this price, so call to arrange an inspection.
NOTE: due to the nature of serviced apartment occupancy, inspections can be difficult and unpredictable to arrange and as such, viewing is strictly by appointment.