1612/333 Exhibition Street, Melbourne VIC 3000

Situated on Level 16, this is a large recently refurbished two bedroom apartment of 70 square meters with a superb West facing balcony commanding excellent views over Melbourne's vibrant CBD.

In addition to the two spacious bedrooms with BIR's, this apartment offers two fully appointed bathrooms, one with laundry facilities, and a large open plan kitchen, dining and lounge area leading to a 4 square meter balcony.

The property offers a pool, sauna, sun deck, gymnasium, good security and is in a fabulous Melbourne location near the heart of the theatre precinct of Melbourne. There is also parkland within a minutes walk, and quality restaurants and retail shops close by which only enhance this quality high yield investment.

This apartment is presently securely leased to the Mantra Group until October 2020 with additional options thereafter.

N.B. THIS IS FOR THE ASTUTE INVESTOR ONLY - NOT FOR OWNER OCCUPATION

Rent: $27,917 pa - $536 per week (approx.)

Return: 6%

Reviews: Annual 3% increases between 5 yearly market reviews

Terms: Leased to the 'Mantra Group' until October 2020

Options: 3 x 5 year further options thereafter

Outgoings:
-Tenant:
Owners corporation fees
Insurance
General maintenance
Refurbishment
Water usage

-Owner:
Council and Water rates
$2,200 pa (approx.)

For further enquiries please call:
Nick Walters of Kingsford Property - The Serviced Apartment Specialists.
0438 557 885 or 03 9682 6222


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.