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Sold - Lot 324, Hawthorn VIC

Sold – Lot 324, Hawthorn VIC

Studio Bedrooms 1 Bathrooms Year Built: 2011

Situated a short 6km from the CBD, the suburb of Hawthorn is one of Melbourne’s most affluent and blue chip suburbs.

Cosmopolitan Studio apartment with study nook and outdoor balcony.
Only 7 years old, and with 2 x communal rooftop terraces, its a low maintenance investment.

Lot Asking Price status Gross Return  (30/05/2018) Net Return Weekly Return Annual Rent Statement of Information
324 $295,000 SOLD 6.26% 5.09% $355.00 ($18,467 p/a       PDF

Rent Increases as follows
30/05/2019 – $19,205- 6.51% Gross
30/05/2020 – $19,974- 6.77% Gross
Lease Terms: Lease to 29/05/2021 plus 4 x 5 Year options
Rent Increases: 4% yearly with market rent reviews every 5 years (next due 2021)

Nestled on Glenferrie Road, the major shopping strip, with an array of cosmopolitan cafes, restaurants and night life at your doorstep.
Surrounded by Universities, major hospitals, private colleges and only a short tram trip to Melbourne’s major sporting areas and city events.
Onsite facilities include Gymnasium, and 2 x communal rooftop terraces.
A unique opportunity to secure a beautiful apartment in an inner Melbourne suburb.

Approximate Owner Outgoings:
Council Rates: $979 per annum approx.
Water Rates: $980 per annum approx.
Body Corporate Administration fee: Paid by tenant
Body Corporate Sinking fund: $1480 per annum approx.

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