1608/222 Russell Street, Melbourne, Vic 3000

Sold: $440,000 (02-01-2018)

1608/222 Russell Street, Melbourne, Vic 3000 3000
SOLD
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ANOTHER APARTMENT SOLD BY NICK WALTERS OF KINGSFORD PROPERTY - THE SERVICED APARTMENT SPECIALISTS.

Please call me to discuss your property needs - 0438 557 885

Situated on the 16th floor with a stunning Southerly aspect is this extra large one bedroom apartment of some 67m2.

The huge open plan living/dining area has an adjoining fully equipped kitchen plus excellent natural light.

King sized bedroom with BIRs and sparkling ensuite including shower over bath and euro laundry.

The building has an impressive pool and gym area, is in a prime Melbourne location in the heart of the China Town and theatre precincts of Melbourne, and also has a quality restaurant and bar attached - all making this a very attractive investment.

With Mantra offering an excellent rental of $548 per week, and minimal annual outgoings, this blue chip investment property would be a welcome addition to your investment portfolio.

NB: THIS IS FOR THE ASTUTE INVESTOR ONLY. NOT FOR OWNER OCCUPATION.

RENT: $28,498 pa (Effective Nov 2017)
$548 per week (Approx)

INCREASE: Annual 3% increase between market reviews

RETURN: 6.26%

LEASE: Until Nov 2021

OPTIONS: 3 X 5 years

TENANT (Mantra) PAYS:
• Owners corporation fees
• Refurbishment
• Water usage
• Insurance
• General maintenance

OWNER PAYS:
• Council & Water rates:$2,500 pa (approx.)

For further details please contact Nick Walters of Kingsford Property - Melbourne's Serviced Apartment Specialists.

M: 0438 557 885
P: (03) 9682 6222
E: nick@kingsfordproperty.com.au

Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent