Price Undisclosed

1 Bed  •  1 Bath  •  0 Car

Main view of Homely apartment listing, 603/250 Elizabeth Street, Melbourne VIC 3000
Floorplan of Homely apartment listing, 603/250 Elizabeth Street, Melbourne VIC 3000
Second view of Homely apartment listing, 603/250 Elizabeth Street, Melbourne VIC 3000
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Sold

603/250 Elizabeth Street, Melbourne VIC 3000

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Price Undisclosed

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Apartment Sold on Wed 27 Apr, 2016

What's around Elizabeth Street

Apartment description

“6.25% NETT RETURN - HASSLE FREE INVESTMENT”

Situated on the sixth level with an Easterly aspect is this bright one bedroom apartment of approximately 50 square meters. With large open plan living/dining area and quality kitchen, well appointed bathroom with laundry facilities. Featuring excellent facilities including a fully equipped gymn, swimming pool, spa and residents courtyard with BBQ.
Positioned in a prime location in Melbournes CBD with quality retail shops, restaurants, cafes and bars at your doorstep.

The apartment is presently leased to the Somerset Group until 2023, with further 10 year options thereafter.

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

This high yield long term investment is surely something to consider for your property investment portfolio

RENT: $15,941 pa(Ave $306 per week)(Based on July 2014 June 2015)

RETURN: 6.25% Net

LEASE TERM: Somerset Group until 2023

OPTIONS: 5 x 10 Year Options

TENANT PAYS:
Owners Corporation fees
Council rates
Water rates
Insurance
General maintenance.

For further enquires and to arrange a private inspection please call Nick Walters of Kingsford Property - The Serviced Apartment Specialists.

M: 0438 557 885
Ph: (03) 9682 6222
E: [email protected]


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.

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