SOLD- Hawthorn, VIC
This 6 year old apartment, boasts an enviable address on Glenferrie road in the heart of the shopping, cafe and restaurant precinct.
A near new investment apartment, with no refurbishments due, 4% increases until 2021 and its own private courtyard.
Within close proximity to Hawthorn’s Universities, major hospitals, private colleges and a short tram trip to Melbourne CBD, MCG, Rod laver arena and Richmond’s China town.
Onsite facilities include Gymnasium, and 2 x rooftop terraces.
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Further increases as follows:
May 2018: $18,135.77- 6.25%
May 2019: $18,861.20- 6.50%
May 2020: $19,615.64- 6.76%
Lease Terms: Lease to 30/05/2021 plus 4 x 5 Year options
Rent Increases: 4% yearly with market rent reviews every 5 years (next due 2021)
Council Rates: $1050 pa
Water Rates: $980.00
Body Corporate Administration fee: Paid by tenant
Body Corporate Sinking fund : $1530 p/a
Apartment is a studio