ENTRY LEVEL TO HAWTHORN
Cosmopolitan apartment, like new only 5 years old.
With 4% increases until 2021, entertainers balcony, modern bathroom and kitchen- Its a fantastic entry level addition to the portfolio.
Situated a short 6km from the CBD, the suburb of Hawthorn is one of Melbourne's most affluent and influential suburbs.
Nestled on Glenferrie Road, the major shopping strip, with an array of cosmopolitan cafes, restaurants and night life at your doorstep.
Surrounded by Universities, major hospitals, private colleges and only a short tram trip to Melbourne's major sporting areas and city events.
Onsite facilities include Gymnasium, and rooftop terrace.
Lease Details
Current Rent: $379 per week ($19,741 per annum)
Next Rent Increase: 1st June 2017
Current Return: 6.85% Gross
INCREASES:
June 2017: $20,530- 7.12%
June 2018: $21,351- 7.40%
June 2019: $22,205- 7.70%
June 2020: $23,094- 8.01%
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) 翻译中文