17/3 Studley Park Road

Kew VIC 3101

Consistent, reliable performer
With a 5.19% annual return on investment and the reassurance of a 20-year lease option with the established Quest Group, investors can be quietly confident of ongoing success with this steady, low risk investment. This fully-furnished executive studio apartment in the highly-regarded Quest serviced apartment complex is ideally positioned in a recently-completed wing of the development and is only one of two studio apartments offering a larger-than-usual floorplan. Capable of accommodating up to five people, it features 2 queen-size beds, a corner lounge area with a sofa that converts to a double bed, a study zone with a desk and a well-appointed kitchen with a refrigerator, electric cook top, microwave oven, sink and all crockery, cookware and cutlery. Additional features include a wall-mounted television and DVD player, full climate control, generous built-in robes and a basement security car space. Conveniently located within strolling distance of Kew Junction shopping, cafes, restaurants and professional services, city-bound trams and buses and taxi ranks.
* Rent return of $18,701 PA, plus annual CPI rent increases