Entry Level 5 y/o- returning $338 per week.
This 5 year old, FRONT FACING apartment is nestled among Glenferrie road shopping, cafe and restaurant precinct.
A near new investment apartment, with french doors and views, returning a solid $338.70 per week rent with no refurbishments due and 4% increases until 2021.
Within walking proximity to Hawthorn's Universities, major hospitals, private colleges and a short tram trip to Melbourne CBD, MCG, Rod laver arena and Richmond's China town precinct.
Onsite facilities include Gymnasium, and rooftop terraces
Current Rent: $338.70 per week ($17,615.37 pa)
Next Rent Increase: May 2017
Current Return: 6.52 % Gross
INCREASING TO: 6.78% in May 2017:
Further increases as follows:
May 2018: - 7.05%
May 2019: - 7.33%
May 2020: - 7.63%
Lease Terms: Lease to 30/05/2021 plus 4 x 5 Year options
Rent Increases: 4% yearly with market rent reviews every 5 years (next due 2021)
Approximate Owner Outgoings:
Council Rates: $1184 pa
Water Rates: $845.00
Body Corporate Administration fee: Paid by tenant
Body Corporate Sinking fund : $920 p/a
Apartment is a studio 翻译中文