Sold – Lot 5C, 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 2 bedroom apartment with fully equipped kitchen, lounge dining area, plus secure 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.
Painting, down lights, new hot water system, tile refurbishment and mixer tapware was completed in 2017.
2 bedrooms + carpark on title.
|Lot||Asking Price||status||Gross Return||Net Return||Weekly Return||Annual Rent||Statement of Information|
|5A||$410,000||SOLD||6.46%||5.61%||$509.00||$26,500 p/a||https:/CLICK HERE|
Current Return: 6.46% gross- 5.61% NET
Rent Increases as follows:
July 2019= + 2% = $519 p/w- 6.58%
July 2020= + 2% = $530 p/w- 6.72%
July 2021= + 2% = $540 pw- 6.85%
Lease Terms: Lease to 30/06/2022 plus 4 x 5 Year options
Council Rates: $1127 pa
Water Rates: $ 896 pa
Body Corporate Administration fee: Paid by tenant
Body Corporate Sinking fund : $1438