Only for the Investor is this large 2 bed, 2 bathroom apartment situated on the 3rd floor returning $27,296 per annum ($525pw). Fittings incl. granite benches, S/S appliances, heating, cooling, window furnishings, Euro laundry & secure car space. Great location with shops, public transport, pubs & major road arterials nearby.
Current 10 year lease with yearly CPI reviews and 3 x 5 year options. No vacancy periods, no letting fees and the tenant pays the body corporate.
Strong Tenant being Punt Hill Serviced Apartments www.punthill.com.au
What are you prepared to offer? We are open to Offers.
6.35% Return = $430,000
6.06% Return = $450,000
5.81% Return = $470,000