209/1142 Mt Alexander Road, Essendon, VIC 3040

A guaranteed return $498.91.91 per week for a 2nd floor, North Facing, 1 bedroom apartment with full length balcony and car park

This apartment is strictly only for the Investor with the existing 5 YEAR Lease commencing on the 20th February 2021.

The current tenant, PUNT HILL has been in occupation since 2006.

Excellent tenant - Punt Hill Serviced Apartments. www.punthill.com.au who have a further three (3) 5 year options that sit with the tenant.

No vacancy periods, no letting fees and no advertising for any new tenant.

The numbers are big for a 1 bedroom, $25,943.64 per annum, $2,162.97 per month, $498.91 per week.

Fittings include, granite benches, Stainless Steel appliances, heating, cooling, window furnishings, Euro laundry. Quality fit-out including granite benches, stainless steel appliances, heating, cooling, window furnishings and Euro style laundry.

Superb location with shops, public transport, pubs and major roads nearby. While also a good booker, ideally located between the Melb CBD & Melb airport.

Ideal for your own Superannuation fund.