11/6 Ferguson Street Street, Williamstown VIC 3016

PERFECT FOR THE SMSF
This stylish and generous one bedroom investment apartment is positioned at the bay end of vibrant Ferguson Street and is within minutes to beaches, boutique shops, waterfront eateries, yacht clubs and park lands.

Features include: open plan kitchen with stainless steel appliances, full width living and dining area opening to the deep balcony, king sized bedroom with built in robes and a sleek bathroom with laundry facilities.

Just one of forty-two apartments, the property has a secure long-term lease and offers the option for the owner to stay in their apartment for up to 30 days per year (conditions apply).

Presently leased to the Punt Hill Group until August 2027 with further options available and returning an impressive $516 per week.

THIS APARTMENT IS SUBECT TO A LONG TERM LEASE AND IS NOT FOR OWNER OCCUPATION

RENT: $516 per week
INCREASE: Annual CPI increases between market reviews
RETURN: 9% (Gross)
LEASE: Until 20th August 2027
OPTIONS: 2 x 5 years

Outgoings
TENANT PAYS (Punt Hill):
Owners corporation administration fees
Insurance
General maintenance
Water usage

OWNER PAYS:
Council rates
Water rates
Owners corporation sinking fund

Inspection by appointment only.

Disclaimer: 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. This information has been provided by third parties. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. We urge all interested parties to conduct their own due diligence and seek independent professional legal advice to ensure this information is accurate.