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St Kilda Bayside , VIC

St Kilda Bayside , VIC

2 Bedrooms 1 Bathrooms

With an unbeatable position, nestled in a quiet treet lined street, and only 700 meters from St Kilda beach and foreshore, this beautiful 2 bedroom apartment will attract investors searching for realestate in blue chip locations.

Nestled between Fitzroy & Acland Streets and only minutes walk to the promenade and pier, St Kilda sea baths, Sunday craft markets, bars, restaurants and cafes.

2 bedroom, 1 bathroom apartment, with outdoor balcony and carpark on title.

Just completed a carpet refurbishment, the apartment presents beautifully.
Complete with large kitchen, separate laundry and spacious bathroom.

Lot Asking Price status Gross Return Net Return Weekly Return Annual Rent Statement of Information
6A $398,500 Avail 6.68% 5.83% $512.00 $26,648 p/a  CLICK HERE

Current Rent: $512 per week -$26,648 pa
Current Return: Return:  6.68% Gross –   5.83%- Net

Rent Increases as follows: 
July 2020-  $27,713-    6.94% gross
July 2021-  $28,822-    7.22% gross
Lease Terms: Lease to  30 /06 2022 with 3 x 5 yr options

Rent Increases:
4% yearly with market rent reviews every 5 years (next due 2022)

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