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8/19-21 Walpole Street, Kew VIC 3101

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SECURE INVESTMENT 5.9% ROI

This spacious 2 bedroom apartment is a secure investment opportunity with Quest Apartments as the lead tenant for the building.

Leased until 30th April 2019 and with a further option of a further 5 year term, it is currently returning $25,462.71pm with fixed 5% increases per annum, this is a set and forget investment! Tenant pays for OC fees (exc Maintenance fund) and water rates as part of the lease.

Featuring a fully equipped kitchen with a spacious open-plan living and dining room flowing out to a generous size balcony. Two double bedrooms both with BIR's and main with ensuite, central bathroom and laundry. Further facilities include 2 basement car parks, onsite manager, communal pool, BBQ area and onsite manager. Centrally located just 6km to the CBD, a short stroll to Kew junction and public transport.

Inspection via Private Appointment.

Nelson Alexander Pty Ltd

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Property Sold

Sold 31/10/2016 $552,000