110/741 Whitehorse Road, Mont Albert, Vic 3127
Sold: $280,000 (11-24-2014)- hotel 1
- hot_tub 1
- directions_car 1
*INVESTORS ONLY - HIGH RENT RETURN, LONG LEASE, GREAT LOCATION
The apartment is spacious and consists of an open plan living/dining room, fully equipped kitchen, a bathroom with laundry facilities and a fully enclosed private patio.
Recently refurbished with new carpets and paint, plus a car park on title, this is an investment opportunity that should not be missed.
Lease to September 2018 with 6 x 5 year options
4% Built In Rent Increases as follows
Current Rent $18,253 - 6.5%
2015 Increase to $18,983 - 6.78%
2016 Increase to $19,742 - 7%
2017 Increase to $20,531 - 7.33%
2018 Market Review
Quest apartments provide a steady and reliable income stream without the day to day hassles experienced by landlords in the private rental market.
Rents paid regardless of occupancy - No vacancies
No management or letting fees
Quest pays: Owners Corporation Administration fee inc. building insurance
Owner pays: Council & water rates, Sinking fund contribution
No tenant hassles
Contact us today for more information