6.8% RETURN
210/72-84 Upper Heidelberg Road, Ivanhoe
Beautifully presented and recently repainted and re-carpeted, second floor two bedroom apartment with an excellent balcony and car park on title.
Offering high ceilings, floor to ceiling glazing which enhances the natural light, quality fixtures and fittings, European stainless steel kitchen appliances, large bedroom with BIRs and individual split system air conditioning in the bedrooms and living area.
This apartment is securely leased to Quest until November 2023 with further options thereafter. With an impressive $588 per week return, 4% annual rent reviews between market reviews, and minimal owner outgoings, this is a high yield investment which may be perfect for your Self-Managed Superannuation Fund (SMSF).
An excellent investment opportunity set in a superb location in the Ivanhoe village just 15 minutes from the CBD.
NB THIS IS FOR ASTUTE INVESTOR ONLY - NOT FOR OWNER OCCUPATION
An excellent investment opportunity set in a superb location in the Ivanhoe village just 15 minutes from the CBD.
RENT: $30,602 pa
($2,550 per month approx.)
INCREASE: Annual 4% increase between market reviews
RETURN: 6.8% (Gross)
LEASE: Until Nov 2023
OPTIONS: 6 x 5 years
TENANT (Quest) PAYS:
Owners corporation fees
Insurance
General maintenance
Water usage
OWNER PAYS:
Council rates:$958 pa (approx.)
Water rates: $800 pa (approx.)
Sinking fund: $1,563 pa (approx.)
For further information please contact:
Nick Walters of Kingsford Property - The Serviced Apartment Specialists
0438 557 885
nick@kingsfordproperty.com.au...