6.8% Rent Return
Hawthorn is only 7kms from the Melbourne CBD and you can relax knowing that your property is cared for 24/7 by our dedicated franchise owner/operator providing daily room service. You'll have no tenant hassles and regular rental income paid monthly regardless of occupancy, making Quest Hawthorn ideal for your personal investment portfolio or for your Self managed Superannuation fund.
Rental Income: $392 per week ($20,416p/a)
Rent Return: 6.8% Gross
Lease Terms: Lease to 29th May 2016 with 4 x 5 Year Options
Rent Increases: 4% Per Annum (Rent Reviews At 5th Year - Review Due 2016)
APPROXIMATE OWNERS OUTGOINGS:
Council Rates: $1200 per annum (approx.)
Water Rates: $700 per annum (approx.)
Sinking Fund: $796 per annum (approx.)
Body Corporate Admin Fee: Paid By Tenant
4.5 year old studio style apartment with separate bathroom, kitchen, lounge/meals area and a fantastic roof top terrace with BBQ and sitting area.
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