403/616 Glenferrie Road, Hawthorn, Vic 3122

Lot 403 is a rare -Complete 1 bedroom apartment -with its own front facing private wrap terrace.
Boasting a desirable Glenferrie Road location, just 6.2kms from Melbourne’s CBD (11 minutes by train to Flinders Street and only 8 minutes to Richmond station, MCG, Rod Laver, Hisense Arena and AAMI Park for the sports and entertainment lover). Quest Hawthorn offers chic, near new accommodation.
A unique opportunity to secure a beautiful apartment in an inner blue chip Melbourne suburb.
FIXED 4% INCREASES UNTIL 2021.
Building- only 6 years old.

Current Rent: $546.47 per week -($28,416.84 p/a)
30th May 2017 Increasing to:
$568.33 per week - $29,553.51 p/a

Next Rent Increase: 30th May 2017
Return as of May 2017: 6.56% Gross
Further increases as follows:
May 2018: - 6.83%
May 2019: - 7.10%
May 2020: - 7.38%
Lease Terms: Lease to 30/05/2021 plus 4 x 5 Year options
Rent Increases: 4% yearly with market rent reviews every 5 years (next due 2021)

One bedroom apartment with enormous private wrap terrace accessible via french doors from the main bedroom, kitchen and main living area.
Front facing, with views to Glenferrie road precinct, Melbourne CBD, and Immaculate conception Catholic Church.
Presents like new, with stone bench tops, mirror splash backs and smart modern bathroom.
A premium apartment in this building.