206/72-84 Upper Heidelberg Road, Ivanhoe VIC 3079

*** PLEASE NOTE THIS IS AN INVESTMENT PROPERTY ONLY AND NOT FOR OWNER OCCUPATION ***

Recently fully refurbished two bedroom investment apartment with the security of a long term lease to Quest and minimum outgoings.


Investment Summary:

Rent: $655 pw approx.
$34,080 pa approx.
Return 8% gross pa approx.
Lease: To November 22nd 2028
Options: one further 2 year term

Outgoings

Owner Pays:
Council rates: $1,246.66 pa
Water rates: $791.92 pa
Owners corporation maintenance fund : $185.60 pa

Tenant (Quest Ivanhoe) Pays:
Owners corporation administration fund
Utilities
General maintenance
Insurances

Property features
Generous bright living/dining area
Immaculate fully renovated equipped kitchen
Two excellent bedrooms with built-in robes and reverse cycle air-conditioning
Two fully renovated bathrooms, one with laundry facilities
Under-building carpark
Central Ivanhoe Village location

This is the perfect hassle free set and forget investment in a SMSF or for the astute investor looking to achieve an 8% return with the security of a long term Quest lease.
Note: All renovation costs have been paid for.

Investment property only and not available for owner occupation or private rental.

Inspection by appointment.

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.