312/1142 Mount Alexander Road, Essendon, VIC 3040

$470,000

  • 2

    BEDS

  • 2

    BATHS

For Your Eyes Only Investors.

Currently leased out on a long term arrangement with reliable tenants Punthill Apartments and generating approximately $32,575.56 per annum, this is an opportunity not to be missed.

The apartment offers two bedrooms and two bathrooms, featuring a huge open-plan living and dining area, with a state-of-the-art adjoining kitchen that boasts electric cooking, oven, dishwasher and stone finishes. Currently been used as two apartments with separate entries but features a connecting doorway.

This established apartment is truly exceptional, offering hotel-standard facilities of on-site building management and a fully-equipped gym.

A serviced apartment lease is tied to the property offering an investor with a peace of mind investment. Lease terms are at 5 years with 3 options once the current term ends on 19th February 2021. Rental increases are determined by CPI annually.

Features

  • Air
    Conditioning
  • Built
    In Robes
BUY NOW
  • METHOD OF SALE

    Exclusive

  • ADDRESS

    312/1142 Mount Alexander Road

    Essendon VIC 3040

  • UPCOMING INSPECTIONS

    By Appointment

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