203/16-18 The Esplanade, Geelong, VIC 3220
Recently refurbished with a guaranteed rental income, this property is surely going to tick all the investor boxes and is an ideal addition to your portfolio.
Positioned a mere minutes from the Geelong waterfront and the CBD, this serviced apartment is available for direct purchase as secure income producing property with a long lease and built-in rental increases.
Offering the investor certainty and peace of mind, Quest looks after all the day to day business and rent is paid regardless of occupancy.
- Leased till 31st October 2020 with further 4 x 5 years option
- Rent (from 1st November 2018): approx. $2,311.73 pcm, $27,740.70 p.a
- Rental increase: 4% annually with market review at the end of each term.
- Next rental increase due 1st November 2019
METHOD OF SALE
203/16-18 The Esplanade
Geelong VIC 3220
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