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Sold: Lot 216, Hawthorn, VIC

Sold: Lot 216, Hawthorn, VIC

6.6%  1 Bedrooms 1 Bathrooms

Hawthorn is only 7kms from the Melbourne CBD and you can relax knowing that your property is cared for 24/7 by our dedicated franchise owner/operator providing daily room service and maintenance. With this Hawthorn property investment you’ll have no tenant hassles and regular rental income paid monthly regardless of occupancy, making Quest Hawthorn ideal for your personal investment portfolio or for your Self managed Superannuation fund.

This 4.5 year old studio apartment is situated only minutes walk to Swinburne University, Glenferrie train station, city tram and the Hawthorn retail & entertainment precinct. The apartment features a sparkling modern kitchen with hot plates, microwave/convection oven, casual lounge/meals area, separate bathroom while the building has an onsite gym, guest laundry and a fantastic rooftop terrace with lounge chairs, tables and BBQ area.

Apartment Asking Price Bedrooms % Return Weekly Return Annual Return
Lot 216 SOLD Studio 6.8% $392 $20,416

Lease Terms: Lease to 29th May 2016 with 4 x 5 Year Options
Rent Increases: 4% Per Annum (Market Rent Reviews every 5th Year – Next Due March 2016)

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