Located on cosmopolitan Ferguson Street, this studio apartment is a short walk to all that Williamstown has to offer. Restaurants, Beaches, Historic Parks, and retail outlets.
Securely leased on 5x5x5 lease this is one for the astute investor with a solid return of 6% per annum plus cpi rent adjustments annually. You can not purchase to live in, this is an investment property.
The studio apartment is fully self contained including fridge, microwave, TV, couch, bed, etc and has a private balcony and car space on separate title.
Other features in the complex include terraced BBQ area with outdoor spa , gymnasium, breakfast room and state of the art conference facilities.
Rental return is $1,127 P.C.M.
Outgoings inc Body Corp, Council & Melb water rates total $1,876 (of which Punt Hill pay the council rates of $748 )