The Essendon Grand Punt Hill apartment complex is only for the Investor. Ideal entry level buying is on offer with this large and beautifully presented 1 bedroom apartment. Located on the 3rd floor and returning $21,192 per annum, this is a whopping $407.50 per week. You do the numbers this is an excellent return for a 1 bedroom apartment. Excellent East facing apartment with plenty of morning sun. Carpets less than 12 months old, and newly fitted with reverse cycle air conditioner.
Current 10 year lease in place with yearly CPI reviews and then 3 x 5 year options. Excellent tenant – Punt Hill Serviced Apartments. www.punthill.com.au
Quality fit-out including granite benches, stainless steel appliances, heating, cooling, window furnishings and Euro laundry.
Superb location with shops, public transport, pubs and major roads nearby. No vacancy periods & no letting fees.
Ideal for your own Superannuation fund.