For Sale 111/1142 Mount Alexander Road, Essendon
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Current 5 Year Lease - Guaranteed $426 per week for a 1 bedroom

1 Bed | 1 Bath

The Essendon Grand Punt Hill apartment complex is only for the Savvy Investor.
Ideal entry level buying is on offer with this large and beautifully presented, North Facing 1 bedroom apartment in the popular Punt Hill Essendon apartment complex.
Located on the 1st floor and returning $22,200 per annum, this is a whopping $426 per week, or $1850.70 per month. You do the numbers this is an excellent return for a 1 bedroom apartment.
Punt Hill have just exercised their new 5 year Lease option which commences on the 20th February 2016.
With yearly CPI reviews and then 2 further 5 year options.
Excellent tenant - Punt Hill Serviced Apartments.
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.


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For Sale

$310,000 to $325,000
  • Contact

    Ryan Pagan

    M 0438 757 358

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