9% Investment Return, Guaranteed Rental Income
+++++++++++++++++++++++
9% Investment Return
+++++++++++++++++++++++
Located in the South-Eastern suburb of Melbourne, surrounded by Universities and hospital system, just opposite the Knox City shopping and entertainment precinct, there has been a high demand for short stay accommodation over the years.
Operated by Punthill Apartment Hotels, a long standing serviced apartment operator in the industry, this property is a stylish, modern, self-contained one bedroom apartment and highly rated by its guests.
Features include an outdoor lap pool, breakfast room serving breakfast daily, state of the art conference facilities and the service that you would expect from a top-notch serviced apartment operator.
- Current annual rental income of $22,237.56
- Current lease expires 6 January, 2018
- 3 Further term of five years each, guaranteed rental income
- Yearly CPI rental adjustment during the term of the lease
This property presents over 9% rental return on investment and guaranteed rental income during the term of the lease.
With this 9% return return, this property will not last long. Call us while this property is still available.
Owner is retiring, Apartment 211 is also for sale.
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