401/155 Bourke Street, Melbourne VIC 3000

Sublimely positioned in this superb Bourke Street location is this large one bedroom investment apartment with the security of a long term lease.

PLEASE NOTE THIS IS AN INVESTMENT PROPERTY ONLY

Featuring an entrance hall, fully equipped kitchen with stone benchtop and 4 element cooktop plus ample storage space. The generous full width living and dining area has full height glazing and soaring 3 metre plus high ceilings.
King sized bedroom with fitted wardrobes, a sleek bathroom with large stone benchtop, shower over bath and the convenience of a concealed Euro laundry.

Perfectly located near Chinatown, Melbourne Central, museums, restaurants, world famous coffee culture and sports event venues, the location is in a prime spot to invest and achieve an 8.5% gross return.
Investment property only and not available for owner occupation or private rental.


Investment Summary:

Rent: $424 pw approx.
Return 8.5% gross pa approx.
Lease: To February 14th 2027
Options: one further 2 year term

Outgoings Owner:

Council rates
Water rates
Owners corporation maintenance fund

Tenant (CAG Group):

Owners corporation administration fund
Utilities
General maintenance
Insurances

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.