Sold: Moorabbin VIC
Offered for sale for the first time by the original developers – SOLD OUT
Located approximately 18 Km from CBD Melbourne & surrounded by the bayside suburbs of Cheltenham and Mentone we are proud to offer these 2 bedroom apartments for sale.
In the heart of Melbourne’s Sand-belt Golf course region with DFO and Southland Shopping centres within close proximity and beautiful Parkdale beach a mere 5km away.
Neighbouring Moorabbin industrial park and a number of manufacturing businesses, the property provides quality accommodation to both corporate and leisure guests together with the golfing fraternity.
Built in 2011, the apartments offer twin key versatility, open plan living/dining areas, full kitchen facilities, two bathrooms, balconies and a car park on title.
Set and forget investment with new building depreciation and 4% rent increases right through to 2021. Prices below include new carpets and full internal repainting which will be carried out this year under our regular maintenance program.
Enjoy a solid increasing gross yield of 6.74% increasing to 8.06% over the next 5 years with no vacancies, no tenant hassles and no management or letting fees.
THE LIST BELOW SHOWS SOME EXAMPLES OF WHAT WE HAVE AVAILABLE IN THIS DEVELOPMENT
| Apartment | Asking Price | Bedrooms | % Return | Weekly Return | Annual Return |
|---|---|---|---|---|---|
| Lot 1 | SOLD | 6.74% | $538 | $27,973 | |
| Lot 2 | SOLD | 2 | 6.74% | $538 | $27,973 |
| Lot 3 | SOLD | 2 | 6.74% | $538 | $27,973 |
| Lot 5 | SOLD | 2 | 6.74% | $538 | $27,973 |
| Lot 6 | SOLD | 2 | 6.74% | $538 | $27,973 |
| Lot 8 | SOLD | 2 | 6.74% | $538 | $27,973 |
| Lot 11 | SOLD | 2 | 6.76% | $527 | $27,425 |
| Lot 12 | SOLD | 2 | 6.89% | $538 | $27,973 |
| Lot 13 | SOLD | 2 | 6.89% | $538 | $27,973 |
| Lot 101 | SOLD | 2 | 6.74% | $538 | $27,973 |
| Lot 102 | SOLD | 2 | 6.76% | $527 | $27,425 |
| Lot 103 | SOLD | 2 | 6.74% | $538 | $27,973 |
| Lot 105 | SOLD | 2 | 6.89% | $538 | $27,973 |
| Lot 106 | SOLD | 2 | 6.74% | $538 | $27,973 |
| Lot 108 | SOLD | 2 | 6.76% | $527 | $27,425 |
| Lot 110 | SOLD | 2 | 6.74% | $538 | $27,973 |
| Lot 114 | SOLD | 2 | 6.76% | $527 | $27,425 |
| Lot 115 | SOLD | 2 | 6.76% | $527 | $27,425 |
| Lot 116 | SOLD | 2 | 6.76% | $527 | $27,425 |
