601/43 Lonsdale Street

Melbourne VIC 3000

Another SOLD by Nick Walters of Kingsford Property Melbourne s Serviced Apartment Specialists
Interested in selling? Call Nick discuss your options on 0438 557 885
$345,000 (Private Sale)
N.B. THIS IS FOR THE ASTUTE INVESTOR ONLY - NOT FOR OWNER OCCUPATION.
Situated on the preferred Northern East corner of the block this is a superb two bedroom sixth floor apartment of 53 square meters, offering bathroom with laundry facilities, kitchen, and lounge leading to a two square meter balcony overlooking Lonsdale Street. The complex is positioned right in the heart of Melbournes theatre precinct.
This investment apartment is operated by Quest and returns an impressive $489 per week.
Long term lease and minimal outgoings apply here with owners corporate fees, general maintenance, water rates and insurances all paid by your tenant Quest.
Please Note: The owner can use their apartment for up to 30 days per year. (Conditions apply)
Lease: Until October 2017
Options: 1 x 10 Year Option
Rental: $25,535 pa ($2,128 per month)
(With annual CPI increases from the third year of each term, between market reviews)
Return: 7.4%
Outgoings:
Tenant (Quest) pays: Owners Corporate, Water Rates, General Maintenance and Insurances
Owner pays: Council Rates: $848 pa (Approx)
Maintenance Levy: $1,094 pa (Approx)

For further enquires please call us - the serviced apartment specialists...

Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent.