Essendon

A Guaranteed $638.31 per week for a 2 Bed, 2 bath with car cark

On offer is a guaranteed return of $638.31 per week for a 2 bedroom, 2 Bathroom apartment with car park at Punt Hill, The Essendon Grand.
Strictly, only for the Investor, is this roomy dual key apartment, currently under a 5 YEAR Lease commencing on the 20th February 2021.
Existing tenant, PUNT HILL has been in occupation for the past 19 years & with another Three (3) further 5 year options.
No vacancy periods, no letting fees and no advertising for any new tenant.
The numbers are big when compared to other local rentals, $33,192.36 per annum, $2,766.03 per month or $638.31 per week.
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 vacancy periods & no letting fees.
Ideal for your own Superannuation fund