50/741 Whitehorse Road, Mont Albert, Vic 3127

Sold: $284,000 (10-14-2008)

50/741 Whitehorse Road, Mont Albert, Vic 3127 3127
SOLD
  • hotel 2
  • hot_tub 2
  • directions_car 2

If you're looking for an investment that has above market average returns of $22,127 p.a, long term security and minimal ongoing costs look no further!
Leased to Quest Serviced Apartments on a 4 X 5 year lease you won't be able to resist the huge 7.8% returns this stunning top floor apartment has to offer. As well as fantastic income there are no annual body corp fees and rental increase have already been written into the lease. With 75sqm of living space there are two bedrooms with BIRs, 2 modern bathrooms the second with European laundry, kitchen with S/S appliances, large family/meals area, private balcony and two secure car parks. With Box Hill Central and TAFE, Swinburne TAFE, Mont Albert Station and trams all nearby this one offers true value and long term security.
We are also able to assist you with your finance needs with specific tailored packages for investment properties.
The new lease on this property has just commenced, the rental return for next 5 years will be:
Year 1 - $22,127.76
Year 2 - $22,127.76
Year 3 - $23,012.87
Year 4 - 23,933.39
Year 5 - $24,890.72
Total: $116,092.50
Contact Agent:
Mark Brilliant: 0450 101 955

Sold History

Walk Score

Tabbed Data Tables