ENJOY A RENT OF $517 / WEEK - NO OWNERS CORP FEES TO PAY ...
610/222 Russell Street, Melbourne
Size, location and excellent rental security are just three reasons why this 65sqm one bedroom apartment is a must to inspect.
Boasting huge living area proportions, u shaped kitchen, 11sqm terrace, excellent natural lighting, king sized bedroom, en suite with bath and euro laundry.
The apartment is within the Mantra on Russell hotel which provides impressive amenities including pool, gym, restaurant and bar and is in a central location to China Town and the Theatre Precinct.
With an attractive long term lease, high rental return and minimal outgoings, this blue chip investment would be a welcomed addition to your property portfolio.
NB: THIS IS FOR THE ASTUTE INVESTOR ONLY. NOT FOR OWNER OCCUPATION.
RENT: $26,919 pa
($2,243 per month)
INCREASE: With 3% annual increases between market reviews
RETURN: 6.4% (Gross)
LEASE: Until November 2021
OPTIONS: 3 x 5 year options
TENANT (MANTRA) PAYS:
- Owners corporation fees
- Sinking fund fees
- Insurance
- General maintenance
- Water usage
OWNER PAYS:
- Council rates & water rates of approx. $1,995pa
For further enquires, please call:
Nick Walters of Kingsford Property - the Serviced Apartment Specialists
(03) 9682 6222 or 0438 557 885
nick@kingsfordproperty.com.au
Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not...
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