Boutique Serviced Apartment Investment Opportunity!
$340,000
An extraordinary city location moments to the renowned Southgate waterfront dining precinct, Flinders Street Station, lively Docklands Precinct, South Wharf/DFO Shopping Centre and Crown Casino Entertainment Complex. Leased to Best Western Riverside Apartments until 2019 with 2 further options of 5 years each.
Can be owner occupied once lease is expired.
Featuring:
Rent: $25,245p.a. or $2,103.75 per month (approx.)
Return: Approx 7%p.a. with annual 2% increase between market review every 5 years.
Spacious bedrooms with build-in robes.
Large kitchen with expansive lounge and living room.
Ducted heating and cooling system.
Full size bathroom with European laundry.
Corene Chan
Director
