304/1142 Mt Alexander Road, Essendon, Vic 3040

The Essendon Grand Punt Hill apartment complex is only for the Savvy Investor.
Ideal entry level buying is on offer with this large and beautifully presented, 1 bedroom apartment in the popular Punt Hill Essendon apartment complex.
Apartment 304 is located on the top floor facing Mount Alexander Road, has a full length balcony and comes with a secure basement car space on title.
Returning $24,356.28 per annum, that is a whopping $468 per week, or $2,029 per month. You do the numbers, this is an excellent return for a 1 bedroom apartment.
Punt Hill have just exercised their new 5 year Lease option which commenced on the 20th February 2016.
With yearly CPI reviews and then 3 further 5 year options.
Excellent tenant - Punt Hill Serviced Apartments. www.punthill.com.au
Quality fit-out including granite benches, stainless steel appliances, heating, cooling, window furnishings and Euro laundry.
Superb location with shops, public transport, pubs and major roads nearby.
No vacancy periods & no letting fees.
Ideal for your own Superannuation fund.