Lot 38/1 Syme Street, Williamstown, Vic 3016

Quest Williamstown boasts an iconic address with its water front location overlooking Gem Pier and The Royal Yacht Club of Victoria.

Situated only 14km’s from Melbourne CBD, Williamstown is best known for its beautiful seaside village atmosphere.
Nestled amongst historic buildings, upmarket galleries and an array of restaurants and cafes it has now become a highly desirable Blue Chip suburb.

This 2 bedroom apartment offers spacious lounge & dining room, reverse cycle air-conditioning & $25,293 rent per annum– Paid regardless of occupancy.

Secure undercover parking is included on title and with no management fees, & administration Body corporate costs paid by Quest it will make a fantastic addition to any property portfolio.

Return: 6.00%
Rent $ 486 per week
$ 25, 292 per annum

Lease Terms:
9/11/2013– 09/11/2018
Current lease has 3 x 5 years of options.
There are 4.5% annual increases to the rent
Market review will occur every 5 years.