St Kilda Bayside , VIC
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)
