106/100 Exhibition Street, Melbourne VIC 3000

Situated on level one and with the preferred Westerly treetop aspect overlooking Exhibition Street, this apartment is a generous one bedroom apartment of approximately 50 square meters, fully appointed open plan kitchen and living/dining area, excellent bedroom with built in robes, separate sparking bathroom and laundry facilities. The location is outstanding in a prime Melbourne position near the Paris end of Collins Street and the theatre precinct of Melbourne


NB THIS IS FOR THE ASTUTE INVESTOR ONLY - NOT FOR OWNER OCCUPATION

This serviced apartment is presently leased to the Mantra Group until March 2018 with two 5 year options thereafter.

As part of the lease terms, owners DO NOT pay…

Owners corporation fees
Council rates
Water rates
Insurance
General maintenance
Management fee

Rent: $25,044 pa ($2,087 per month) Approx.

Lease: Until March 2018

Options: 2 x 5 year options

Return: 6.4%

This high yield long term investment is surely something to consider for your property investment portfolio.

For further inquiries, please call:

Nick Walters of Kingsford Property - Melbourne's Serviced Apartment Specialists

(03) 9682 6222 or 0438 557 885

[email protected]


Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent.