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103/1142 Mount Alexander Road, Essendon

NEW 5 Year Lease - A Guaranteed $386.14per week

1 Bed | 1 Bath
On offer is a guaranteed return of $386.14 per week for a 1 bedroom, 1 Bathroom at Punt Hill, The Essendon Grand.
Strictly, only for the Investor, is this roomy apartment, with NEW 5 YEAR Lease just agreed to & commencing on the 20th February 2021.
Existing tenant, PUNT HILL has been in occupation for the past 15 years & with another Two (2) further 5 year options.
No vacancy periods, no letting fees and no advertising for any new tenant.

The numbers are big for a 1 bedroom at this price point; $20,079.48 per annum, $1,673.29 per month or $386.14 per week.

The apartment itself is located on the first floor of this iconic pub, located at the rear of the complex facing East.

Quality fit-out including granite benches, stainless steel appliances, heating, cooling, window furnishings and Euro laundry.
Superb location with shops, public transport, pubs and major roads nearby.

NO OWNER OCCUPIERS

Ideal for your own Superannuation fund.
1 Bed | 1 Bath

NEW 5 Year Lease - A Guaranteed $386.14per week

On offer is a guaranteed return of $386.14 per week for a 1 bedroom, 1 Bathroom at Punt Hill, The Essendon Grand.
Strictly, only for the Investor, is this roomy apartment, with NEW 5 YEAR Lease just agreed to & commencing on the 20th February 2021.
Existing tenant, PUNT HILL has been in occupation for the past 15 years & with another Two (2) further 5 year options.
No vacancy periods, no letting fees and no advertising for any new tenant.

The numbers are big for a 1 bedroom at this price point; $20,079.48 per annum, $1,673.29 per month or $386.14 per week.

The apartment itself is located on the first floor of this iconic pub, located at the rear of the complex facing East.

Quality fit-out including granite benches, stainless steel appliances, heating, cooling, window furnishings and Euro laundry.
Superb location with shops, public transport, pubs and major roads nearby.

NO OWNER OCCUPIERS

Ideal for your own Superannuation fund.

Location

103/1142 Mount Alexander Road, Essendon

For Sale

$280,000 - $300,000

Property Type

Apartment

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