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
We are open to Offers.
6.35% Return = $430,000
6.06% Return = $450,000
5.81% Return = $470,000