Lot 41/172 William Street, Melbourne, Vic 3000

This one bedroom apartment returning 6% NET is superbly located in the heart of Melbourne CBD and walking distance to Melbourne's Crown Casino, Southbank, Etihad Stadium, and Queen Victoria Market.
Spacious in living, with generous windows providing plenty of natural sunlight, a true separate one bedroom apartment with fully equipped kitchen, semi-ensuite bathroom and laundry facilities.
With the tram at your door step it’s a location that is packed with attractions from China Town, Bourke Street mall, inner city eateries, cafes and theatre houses.An opportunity to secure a rare inner city investment.

QUEST PAY COUNCIL, WATER AND OWNERS CORPORATION SINKING FUND-

Owner Outgoings: $665 per annum- Sinking Fund.


Lease:
Return: 6.45% Gross- 6.19% Net
Current rent is $321 per week- $16,722 pa
3% RENT INCREASES pa -

Market Rent Review 2018.

JAN- 2016- Rent increases to $17, 223
JAN- 2017- Rent increases to $17, 740

Lease to 09/01/2018 with 3 x 5 year options remaining