305/1142 Mount Alexander Road, Essendon, Vic 3040

Sold: $320,000 (02-23-2015)

305/1142 Mount Alexander Road, Essendon, Vic 3040 3040
SOLD
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The Essendon Grand Punt Hill apartment complex is only for the Investor. Ideal entry level buying is on offer with this large and beautifully presented 1 bedroom apartment. Located on the 3rd floor and returning $21,192 per annum, this is a whopping $407.50 per week. You do the numbers this is an excellent return for a 1 bedroom apartment. Excellent East facing apartment with plenty of morning sun.
Current 10 year lease in place with yearly CPI reviews and then 3 x 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.

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