809/750 Bourke Street, Docklands, Vic 3008

*INVESTORS ONLY*
In the heart of the Docklands business district and within walking distance to Southern Cross Station, Crown Casino, Restaurants, Cafes, Marina's and Etihad Stadium literally at the back door there is little wonder why this is one of Quest Apartments flagship buildings.

Built in 2005 and was re-carpeted and re-painted in 2012 this truly is a fantastic investment opportunity.

Current Rent: $473 per week ($24,634p/a)
Current Return: 6.31%
Lease Terms: Lease to September 2015 with 3 X 5 Year Options (Next option will be exercised)
Rent Increases: 4% per annum (rent reviews at 5th year - Due This Year)

Owners Outgoings:
Council Rates: $988 per annum (approx)
Water Rates: $869 per annum (approx)
Sinking Fund: $915 per annum (approx)
Body Corporate Admin Fee: Paid By Tenant