207/182 Collins Street, Melbourne, Vic 3000

Apartment 207
182 Collins Street, Melbourne

Another SOLD by Nick Walters of Kingsford Property – Melbourne’s Serviced Apartment Specialists

Interested in selling? Call Nick discuss your options on 0438 557 885

$236,000 (Private Sale)

N.B. THIS IS FOR THE ASTUTE INVESTOR ONLY - NOT FOR OWNER OCCUPATION

Situated on the second floor and on the western side of the block, this is a recently refurbished 37 square meter one bedroom apartment with open plan kitchen and lounge area.

This outstanding heritage building is located just accross the road from Melbourne's historic Regent Theatre and within easy walking distance to Collins Streets top end retail shops, restaurants, cafes, bars.

The property has good security, and also has a quality restaurant attached to the building.

This apartment offers investors the security of a long term lease with futher options and minimal outgoings.

N.B. OWNERS ARE ABLE TO STAY IN THEIR APARTMENT UP TO 30 NIGHTS PER YEAR (conditions apply)

Current Rent: $15,363 pa (Approx)
(With annual CPI increases between market reviews)

Lease Term: Until December 2013

Options: 5 x 5 years

Return: 6.5%

Quest Pays: Owners Corporate Fees, Water Rates, Council Rates, Insurance, General Maintenance and Water Usage.

Owner Pays: NO ANNUAL OUTGOINGS.

For further enquiries, please call the egent.

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