SPACIOUS, MODERN APARTMENT WITH EASY ACCESS TO THE CITY AND ALL AMENITIES. EXCELLENT SECURITY AND NO NOISE

This is an opportunity to purchase a sound investment with a long term tenant in an almost new, maintenance free apartment. The tenant has a lease until March 2014 and has been in the apartment since new. The rent is current over $2100 per month which represents a gross rental yield of around 4.5%.

This bright, modern apartment is less than 5 years old and is still under builders warranty. It is one of only 15 in this thoughtfully designed complex. It is less than 2 minutes walk to Balwyns famed cafes and boutiques, the local cinema and gym and the park is just next door. With a tram stop close with direct access to the city and easy access to the freeway this is the ideal location.

The apartment is one of the largest in the complex with 85m2 of internal space and is on the ground floor to the rear making it very quiet, secure and private. It features open plan living dining with access to a sunny, private terrace which is a generous 25m2 perfect for relaxing or entertaining. The kitchen contains up-to-date stainless steel appliances and integrated dishwasher, fridge/freezer.

It has 2 large double bedrooms; the master with more than enough space for a king size bed has a large built in robe, ensuite and access to the terrace, whilst the second bedroom, which is unusually also large enough for a king size bed, has a built-in robe and is just opposite the fully equipped bathroom with large shower, vanity and a separate toilet. A large study or workspace area is an extra feature and a floor to ceiling linen closet and laundry area.

The apartment has 1 space allocated in the underground garage with lift access to each floor.

INSPECTION IS BY APPOINTMENT ONLY