206/1384 Dandenong Road, Hughesdale VIC 3166

A guaranteed return $485 per week for a 2nd floor, 1 bedroom apartment with car space at Punt Hill, Hughesdale. This apartment is strictly only for the Investor with current 5 YEAR Lease commencing on the 20th February 2024 & running to 2029. Excellent tenant - Punt Hill Serviced Apartments. www.punthill.com.au with a further three (3) 5 year options that sit with the tenant. No vacancy periods, no letting fees and no advertising for any new tenant. The existing Lease has yearly CPI reviews and the tenant pays the bulk of the body corporate fees. The numbers are big for a 1 bedroom, $25,242.72 per annum, $2,103.56 per month, $485 per week. Fittings include, granite benches, Stainless Steel appliances, heating, cooling, window furnishings, Euro laundry. Quality fit-out including stone benches, stainless steel appliances, heating, cooling, window furnishings and Euro laundry. While the building features concierge security entry, lift access, car parking, gym, and outdoor spa. Superb location walking distance to Chadstone Shopping Centre, Oakleigh Station, and parkland. Ideal for your own Superannuation fund, or good long-term investment.