110/741 Whitehorse Road, Mont Albert, Vic 3127

Sold: $280,000 (11-24-2014)

110/741 Whitehorse Road, Mont Albert, Vic 3127 3127
SOLD
  • hotel 1
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*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

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