$240,000

1 Bed  •  1 Bath  •  0 Car

Main view of Homely apartment listing, 305/155 Bourke Street, Melbourne VIC 3000
Floorplan of Homely apartment listing, 305/155 Bourke Street, Melbourne VIC 3000
Second view of Homely apartment listing, 305/155 Bourke Street, Melbourne VIC 3000
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Sold

305/155 Bourke Street, Melbourne VIC 3000

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$240,000

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  • 1
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Apartment Sold on Tue 23 May, 2017

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Apartment description

“Investor alert! Long-term lease on managed CBD apartment”

Savvy investors seize this opportunity to buy into the Quest on Bourke complex with a long-term lease on this executive one-bedroom apartment ideally located in the heart of Melbourne CBD.

-- Current 6 per cent yield with rent return of $296 per week ($15,400 per annum)
-- 3 per cent annual rent increase with market rent reviews every five years
-- Long-term lease until end of 2025, plus two five-year options
-- Split-system air conditioning to living/dining room; premium chef's kitchen
-- Impressive bathroom with corner large corner spa bath and European-style laundry
-- Built-in robe to bedroom; fully-equipped gym and business centre to CBD complex

Enter into a hallway with the large main bathroom located on your immediate right. The stylish modern bathroom features a generous corner spa bath, large marble vanity, floor-to-ceiling tiles and discrete European-style laundry.

The entry hall continues past the good-sized master bedroom with mirrored built-in robe and opens into the living/dining area with split-system air conditioning and premium chef's kitchen with breakfast bar, pantry, and stainless steel appliances including dishwasher.

A study nook off the kitchen provides room for a workspace; there is as-new carpet throughout; and a gym and business centre in the CBD complex completes the package.

Investors will need to act fast to secure this excellent long-term opportunity in the heart of Melbourne CBD.

Call Pavilion Property on 1300 PAVILION to organise your inspection today.

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