6.5% Rent Return In Hawthorn
*INVESTORS ONLY*
This young and modern apartment is situated within only minutes walk to Swinburne University of
Technology,Glenferrie Station, Tram stops and the Hawthorn entertainment precinct. This light filled one bedroom studio apartment with balcony was constructed in 2011 and features a functional kitchen, a casual meals area and a seperate bathroom. Building facilities include a Gym and a fantastic rooftop terrace with communal BBQ and lounge chairs.
Current Rent: $399 per week ($20,766p/a)
Current Return: 6.51%
Lease Terms: Lease to 29th May 2016 with 4 x 5 Year Options
Rent Increases: 4% Per Annum (Rent Reviews At 5th Year)
OWNERS OUTGOINGS:
Council Rates: $1117 per annum (approx.)
Water Rates: $680 per annum (approx.)
Sinking Fund: $665 per annum (approx.)
Body Corporate Admin Fee: Paid By Tenant
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