A Guaranteed $396 per week for a 1 bedroom
The Essendon Grand Punt Hill apartment complex is only for the Investor. Ideal entry level buying is on offer with this large and beautifully presented 1 bedroom apartment. Located on the 3rd floor and returning $20,628.48 per annum, this is a whopping $396 per week. You do the numbers this is an excellent return for a 1 bedroom apartment.Excellent East facing apartment with plenty of morning sun.
Current 10 year lease with yearly CPI reviews and then 3 x 5 year options. Excellent tenant - Punt Hill Serviced Apartments. www.punthill.com.au
Quality fit-out including granite benches, stainless steel appliances, heating, cooling, window furnishings and Euro laundry. Superb location with shops, public transport, pubs and major roads nearby.
No vacancy periods & no letting fees.
Ideal for your own Superannuation fund.
6.74% return at a purchase price of $306,000.