Situated a short 6km from the CBD, the suburb of Hawthorn is one of Melbourne’s most affluent and blue chip suburbs.
Cosmopolitan Studio apartments with study nook and 401 with outdoor balcony.
Only 7 years old, and with 2 x communal rooftop terraces, its a low maintenance investment.
|Lot||Asking Price||status||Gross Return||Net Return||Weekly Return||Annual Rent||Statement of information|
|401||$300,000||Under Offer||6.56%||5.50%||$378.00||$19,687 p/a|
Increases as follows:
30/05/2019 – + 4%
30/05/2020 – + 4%
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: $950 per annum approx.
Body Corporate Administration fee: Paid by tenant
Body Corporate Sinking fund: $1180 per annum approx.
*** Please note images are of Lot 401***