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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: $1,940.00 pa approx.
INSPECTION - Is by private appointment. Please contact Robert Eggers 0412 329 340