Investment Opportunity 6.5% Yield – 2 Bed CBD Apartment

220 Spencer St, Melbourne VIC 3000, Australia
$444,950

Description

This stunning apartment in the CBD will have your tenants walking to work and keeping fit in the gym/ pool. Living the city lifestyle with access to the entire world at their fingertips with Southern Cross a few minutes away and cross the road to get to the Skybus and the World from Melbourne Airport.

This is a 2 Bedroom apartment, leased to a reliable long-term tenant as a fully furnished apartment at $2500 pcm.

Room 1
– Queen bed available
– Side table & lamp
– large BIR
– Desk & chair
– Stunning view of Nth CBD and across to Docklands
– Draws

Room 2
– Double Bed
– Side table & lamp
– Med BIR
– Draws

Apartment
– Fibre (NBN) Internet
– Video phone, with “tablet” like experience
– 2 Bed, 1 Bath, 0 Car (I own 1 car space, available for extra in building across the road)
– 32″ Flat screen TV
– 6 seat glass table, extends to 8
– Crockery/ Cutlery/Glassware for 6
– large fridge

Building Features:
– Building Manager who is available onsite Mon-Fri during normal business hours
– Pool – 25m 2 lane lap pool
– Sauna
– Gym – new equipment, plenty
– Function Space
– Bicycle rack on B1
– Rooftop Garden (Available only in Dec, rental discount applied)

Area
– Southern Cross within 5 min walk
– Skybus to Melbourne Airport less than 5 min walk
– Retail complex below
– Full size Coles 100m from front door
– Vic Market 10 min walk away
– Trams, Trains, Buses at front door

Rental Income
$2500 pcm, $30,000 pa
Tenancy agreement in place until 18 July 2018
Gross yield: 6.5%

Outgoings 2016-2017
Rates 975.07
Water Rates 652.17
Owners corporation fees 5,228.02

Open inspection:

open at 11am-1130am, Saturday 14th July

 

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers or tenants should make their own enquiries to verify the information contained herein.

  • Address: 220 Spencer St, Melbourne VIC 3000, Australia
  • City: Melbourne
  • State/county: Victoria
  • Zip/Postal Code: 3000
  • Country: Australia

Detail

Updated on July 12, 2018 at 10:05 am

  • Property ID: 33504
  • Price: $444,950
  • Property Size: 54 m2
  • Bedrooms: 2
  • Bathrooms: 1
  • Year Built: 2013
  • Property Type: Selling

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