Investor alert! Long-term lease on managed CBD apartment
Savvy investors seize this opportunity to buy into the Quest on Bourke complex with a long-term lease on this executive one-bedroom apartment ideally located in the heart of Melbourne CBD.
-- Current 6 per cent yield with rent return of $296 per week ($15,400 per annum)
-- 3 per cent annual rent increase with market rent reviews every five years
-- Long-term lease until end of 2025, plus two five-year options
-- Split-system air conditioning to living/dining room; premium chef's kitchen
-- Impressive bathroom with corner large corner spa bath and European-style laundry
-- Built-in robe to bedroom; fully-equipped gym and business centre to CBD complex
Enter into a hallway with the large main bathroom located on your immediate right. The stylish modern bathroom features a generous corner spa bath, large marble vanity, floor-to-ceiling tiles and discrete European-style laundry.
The entry hall continues past the good-sized master bedroom with mirrored built-in robe and opens into the living/dining area with split-system air conditioning and premium chef's kitchen with breakfast bar, pantry, and stainless steel appliances including dishwasher.
A study nook off the kitchen provides room for a workspace; there is as-new carpet throughout; and a gym and business centre in the CBD complex completes the package.
Investors will need to act fast to secure this excellent long-term opportunity in the heart of Melbourne CBD.
Call Pavilion Property on 1300 PAVILION to organise your inspection today.