Investors, take a close look at this property.
As new luxury 1 bedroom apartment smack in the middle of the hottest area in Melbourne - St Kilda.
- Lease commenced 4 Sep 2007
- Term 10 years
- Current rent $17,613 per annum
- 3% increases or CPI annually
- Review to market every 5 years
- 5 + 5 + 5 yrs further options
- Council rates $454.95 p.a. approx.
- Water rates $67.94 p.a. approx.
- Tenant pays Body Corporate contributions
- 6.2% gross return approx.
*Conditions apply.
We want to sell your property, call us for our "NO SALE - NO CHARGE" special. In the meantime please inspect this property.