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Sold - Lot 11, Sanctuary Lakes, VIC

Sold – Lot 11, Sanctuary Lakes, VIC

2 Bedrooms 2 Bathrooms Year Built: 2007

Surrounded by a Greg Norman designed golf course and only 20 minutes from the Melbourne CBD is Quest Sanctuary Lakes. Located within Sanctuary Lakes Resort where guests have access to the Sanctuary lakes indoor swimming pool, spa, sauna, gym and tennis courts, all only moments from the main shopping centre.
Double story townhouse style, featuring 2 bedrooms, 2 bathrooms including en-suite, carport, stainless steel appliances,dishwasher, separate laundry and 2 balconies.

Lot Asking Price status Gross Return Net Return Weekly Return Annual Rent Statement of Information
11 $305,000 SOLD 7.35% 5.65% $436.00 22,713 p/a  CLICK HERE


Lease Details:

Rent as of Jan 2019- $436 per week ($22,713 per annum)
Return as of Jan 19- 7.35% Gross- 5.65% NET **

Lease Terms: Lease to 21/01/2022 plus 4 x 5 Year options
Rent Increases: 4% yearly with market rent reviews every 5 years (next review due 2022)

2 Bedroom, 2 bathroom double story townhouse with carport.
Spacious downstairs living areas, outdoor yard and entertaining and upstairs balconies.
Within complex offering indoor heated swimming pool, tennis and gold course.
Entry level to a growing region of Melbourne.

Approximate Owner Outgoings:
Council Rates: $780 per annum approx
Water Rates: $720 per annum approx
Body Corporate Fees: $3744 per annum approx**
**The body corporate fees quoted includes a $610 per annum rebate payable by the tenant. ***


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