113/1142 Mount Alexander Road, Essendon VIC 3040

On offer is a guaranteed return of $555 per week for a 2 bedroom, 2 Bathroom apartment with car park at Punt Hill, The Essendon Grand.
Strictly, only for the Investor, is this roomy apartment, with NEW 5 YEAR Lease just agreed to & commencing on the 20th February 2021.
Existing tenant, PUNT HILL has been in occupation for the past 15 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 when compared to other local rentals, $28,889 per annum, $2,407.43 per month or $555 per week.
Quality fit-out including granite benches, stainless steel appliances, heating, cooling, window furnishings and Euro laundry.
Superb location with shops, public transport, pubs and major roads nearby.

No vacancy periods & no letting fees. Ideal for your own Superannuation fund.