109/1142 Mount Alexander Road, Essendon VIC 3040

On offer is a guaranteed return $604 per week for a 2 bedroom, 2 Bathroom 1 car apartment at Punt Hill, The Essendon Grand.
Strictly, only for the Investor is this roomy apartment with NEW 5 YEAR Lease just agreed, commencing on the 20th February 2016.
Existing tenant, PUNT HILL has been in occupation for the past 10 years & with another Two (2) further 5 year options.

No vacancy periods, no letting fees and no advertising for any new tenant.
The numbers are big; $31,416 per annum, $22,618 per month or $604 per week.

The apartment itself is located on the first floor of this iconic pub of yesteryear and is currently set up as 2 separate apartments, a spacious 1 bedroom apartment with lounge area and separate 1 bedroom studio apartment. Alternatively can be leased as a 2 bedroom, 2 bathroom apartment.

Quality fit-out including granite benches, stainless steel appliances, heating, cooling, window furnishings, Euro laundry and secure basement car space.
Superb location with shops, public transport, pubs and major roads nearby.

Ideal for your own Superannuation fund.