G02/1142 Mt Alexander Road, Essendon VIC 3040

A guaranteed return $491 per week for an extra-large, ground floor, 1 bedroom apartment with car space at Punt Hill, The Essendon Grand. Ideally located on the ground floor, this apartment faces onto the building rear courtyard, facing East with plenty of morning sun. The complex, originally known as the art deco designed Grand Hotel, now PUNT HILL serviced apartments. This apartment is strictly only for the Investor with NEW 5 YEAR Lease commencing on the 20th February 2026 & running to 2031.
Excellent tenant - Punt Hill Serviced Apartments. www.punthill.com.au with a further three (3) 5 year options that sit with the tenant. No vacancy periods, no letting fees and no advertising for any new tenant. The numbers are big for a 1 bedroom, $26,057.76 per annum, $2,171.78 per month, $501 per week. Fittings include, granite benches, Stainless Steel appliances, heating, cooling, window furnishings, Euro laundry. Quality fit-out including granite benches, stainless steel appliances, heating, cooling, window furnishings, Euro laundry and secure basement car space. Superb location with shops, public transport, pubs and major roads nearby. Ideal for your own Superannuation fund.