Large 2 Bed 2 Bath Apartment for only $345k!
Your eyes are not deceiving you, this really is an opportunity to buy a spacious and well appointed 2 bedroom apartment in the heart of Kew for $345,000.
Located in the highly popular Kew Junction precicnt, this ground floor apartment also features:
- 2 security basement car spaces on title!
- 2 terraces
- 2 bathrooms
- seperate laundry
- heating/cooling
- 84m2 of internal area!
- Spacious open plan living area and well equipped kitchen
- outdoor communal swimming pool
This apartment is leased securely to a blue chip tenant 'Quest On Walpole' for 5 years plus 2 x 5 year options. The current annual rental is $20,925.74, increasing by 2% automatically for the first 5 years and then increasing by 5% each year after year 5. This property will be cash flow positive in no time!
The tenant pays the body corporate fees and utilities. Owner only pays council rates and any body corporate special levies or sinking funds.
If you like the sound of never having to worry about finding a tenant, guaranteed rental increases and the chance to buy a property for well under its 'vacant possession' market value, then this property 翻譯中文