29/19 Walpole Street KEW VIC
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Huge Apartment! Set and Forget!
This top floor, light and bright north facing apartment is positioned in a boutique development right in the heart of sought after Kew Junction.
This spacious apartment is leased to Quest Serviced Apartments for 15 years (made up of 3 x 5 year terms). The rental is $1,757 per calendar month, increasing by 5% each year, and the tenant also pays the body corporate fees and water rates. The owner pays for council rates.
Features: Two bedrooms (with BIRS), 2 bathrooms, full kitchen and open plan design with large dining and living areas, all facing north, leading out to a north facing balcony. Carspace on title. Communal swimming pool.
The estimated current value of the property without the lease is between $400,000-$430,000. This presents a brilliant opportunity for the long term investor looking for a brilliant rental return and once in a lifetime capital growth opportunities once the lease expires.
contact Bryce Carroll on 0413377982 for further information or to arrange an inspection
This spacious apartment is leased to Quest Serviced Apartments for 15 years (made up of 3 x 5 year terms). The rental is $1,757 per calendar month, increasing by 5% each year, and the tenant also pays the body corporate fees and water rates. The owner pays for council rates.
Features: Two bedrooms (with BIRS), 2 bathrooms, full kitchen and open plan design with large dining and living areas, all facing north, leading out to a north facing balcony. Carspace on title. Communal swimming pool.
The estimated current value of the property without the lease is between $400,000-$430,000. This presents a brilliant opportunity for the long term investor looking for a brilliant rental return and once in a lifetime capital growth opportunities once the lease expires.
contact Bryce Carroll on 0413377982 for further information or to arrange an inspection