204/4-18 Ferguson Street, Williamstown, Vic 3016

Another apartment SOLD by Nick Walters of Kingsford Property - Melbourne's serviced apartment specialists with over 20 years experience in the serviced apartment market.

If you’d like to discuss your investment property options please call me on 0438 557 885

This top floor one bedroom apartment presents in as new condition with a floor space of 47 square meters plus a 7 sqm balcony with access from both the living area and bedroom. Includes one secure car park within a boutique complex of just 42 apartments.

Situated a stones throw from the waters edge in vibrant Ferguson street, with a secure long term lease. Owners benefit from the option to stay in their apartment for up to 30 days per year (conditions apply).

Returning an impressive $475 per week, this apartment is presently leased to the Punt Hill Group until August 2017 with further options thereafter.

NB THIS IS FOR THE ASTUTE INVESTOR ONLY - NOT FOR OWNER OCCUPATION

This is a blue chip property investment for the astute investor.

CURRENT RENT: $24,730 pa(Approx)

RETURN: 6.5%

REVIEWS: Annual CPI increases between market reviews

LEASE: Until August 2017

OPTIONS: 4 x 5 year options

TENANT PAYS:
Owners Corporation fees
Insurance
General maintenance
Water usage

OWNER PAYS:
Council rates: $1,116 pa (Approx)
Water Rates: $620 pa (Approx)
Sinking Fund: $916 pa (Approx)

For further enquiries or to arrange an inspection please call Nick Walters of Kingsford Property - The Serviced Apartment Specialists

Mob: 0438 557 885
Ph: (03) 9682 6222


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.