212/5-9 Studley Park Road, KEW VIC 3101
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High Yield Investment - 8.78% Return
Spacious studio style apartment securely leased to Quest Serviced Apartments. New five year lease as of 1 May 2010 paying $13,965 per annum with 4% annual increases over five years with a further 4 x 5 year option with review to market rent.
An ideal long term investment in a first rate location with the benefits of a first rate tenant with no concerns regarding vacancy rates or the cost of finding new tenants. Other features include car space on title.
Rates:
Council Rates: $349.70 per annum
Body Corporate: $311.74 per quarter
INSPECTION BY APPOINTMENT ONLY
An ideal long term investment in a first rate location with the benefits of a first rate tenant with no concerns regarding vacancy rates or the cost of finding new tenants. Other features include car space on title.
Rates:
Council Rates: $349.70 per annum
Body Corporate: $311.74 per quarter
INSPECTION BY APPOINTMENT ONLY
