Sold – Lot 4C, St Kilda Bayside, VIC
Situated in a blue chip, quiet tree lined residential street, this gorgeous apartment boasts all the cosmopolitan lifestyle & attractions of St Kilda at it’s doorstep.
Light, bright & spacious, an immaculate 1 bedroom apartment with fully equipped kitchen, lounge dining area, plus a car park on title.
Nestled between Fitzroy & Acland Streets and only minutes walk to St Kilda Beach and pier, the sea baths, Sunday craft markets, bars, restaurants and cafes, the location speaks for itself.
| Lot | Asking Price | Status | Gross Return | Net Return | Weekly Return | Annual Rent | Statement of Information |
| 73 (Apt 4C) | $335,500 | Sold | 6.18% | 5.3% | $398 | $20,740 | CLICK HERE |
Lease Details:
Current Rent: $398 per week ($20,740 per annum)
Current Return: 6.18% gross- 5.3% NET
Rent Increases as follows:
July 2019= + 3% = $21,362 p/a- 6.37%
July 2020= + 3% = $22,003 p/a- 6.56%
July 2021= + 3% = $22,663 p/a- 6.75%
Lease Terms: Lease to 30/06/2022 plus 3 x 5 Year options
Approximate Owner Outgoings:
Council Rates: $990.20 pa
Water Rates: $ 664.86 pa
Body Corporate Administration fee: Paid by tenant
Body Corporate Sinking fund : $1289.70 p/a
