313/1050 Mt Alexander Road Essendon VIC
Apartment, $ 545,000
Sold
Investment Opportunity – Ideal for SMSF
Sold
Type
Apartment
Next Inspection
For Investors only and not for the owner occupier, this spacious one bedroom ‘Oaks on Market’ apartment is ideal for the astute investor seeking a peace of mind, high returning (7.5% Gross approx.) secure investment property with a current rent of $20,280.00 gross approx. per annum, with CPI annual increases (capped at 5%).
Ideally positioned on level 17, featuring a bright city aspect, spacious open living & meals, well appointed kitchen area, stone bench tops, electric cooking and rangehood. An extra large separate bedroom, built in robes, spacious ensuite bathroom, heating /cooling.
LEASED- Until 31st August 2026, with a further 2 five year options.
TENANT (OAKS) PAYS – Owners Corporation Admin Fees, Council Rates, Water Rates, Insurance, general maintenance.
OWNER PAYS – Maintenance Fund Fee: $2,351.00 pa approx.
INSPECTION – Is by private appointment. Please contact Robert Eggers 0412 329 340
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