$290,000
1 Bed • 1 Bath • 0 Car
New
Sold
Sold
B2/57 Flinders Lane, Melbourne VIC 3000
$290,000
What's around Flinders Lane
Apartment description
“PUNT HILL MANHATTEN”
With an enviable Flinders Lane address at the Paris End of town and warehouse feel, this charming 1-bedroom gem is one for the future.
HOTEL LEASE INVESTORS ONLY
- Highly desired Paris End Location
- Quiet position in boutique block
- Soaring exposed concrete ceiling & pillars
- Full width window surrounded by original red brick
- Sleek kitchen, with ample cupboard and bench space
- Generous open plan living/dining area
- Huge bedroom with built in robes
- Spacious bathroom with Euro Laundry
- Able to owner occupy in next 7 years
Hotel Lease ending November 2021 with 1 further 6-year option at the tenants discretion
Investment information:
-Rent is $1,424 pcm (please note during covid this figure will temporarily be reduced)
Annual Outgoings:
-Water Rates - $663
-Council Rates - $1,101
-Owners Owners Corporation fees - $4,730
-Admin fund contribution: $3,452 paid by tenant
Total Outgoings PA - $3,043
Whilst every care is taken to ensure accuracy of the sizes, plans & information contained herein no guarantees or warranties are given. Clients are required to make their own investigations, carefully check the formal legal documentation & seek independent professional legal advice.