507/172 William Street, Melbourne, Vic 3000

Superb fifth-floor position with spacious open plan living, meticulously maintained and secured on a long-term lease, this is a perfect hassle free investment acquisition.

Featuring a well-appointed kitchen with ample storage, large living area taking advantage of abundant natural light overlooking peaceful Plaza. Main bedroom features large built-in robes with beautiful views. Quality fixtures and fittings throughout including double glazing and a combined ducted heating & cooling system.

INCOME DETAILS (all approx.):
- $23,509.56 Rent per annum ($452.00 per week)
- 6.4% Current gross yield
- 3% Annual rental increase

LEASE DETAILS
- 08/01/ 18 Lease Expiry
- 4 x 5 years Further terms

OUTGOINGS
Quest pays:
- Owners corporation
- Council rates
- Water rates
- Day to Day maintenance

Owner pays:
- Sinking fund of approximately $1000.00 per annum

Please note that this property is for investors only and cannot be owner occupied.

Should you wish to arrange a private viewing please contact, Michael Torcasio 0434 351 468 for immediate arrangement.

Property Code: 1446