Good, Strong, long term tenant, Punt Hill occupies the entire complex as a serviced hotel and they have been present since April 2009.
The current lease expires in April 2029. The existing Lease has yearly CPI reviews. No vacancy periods, no letting fees or no marketing fee.
The PUNT HILL, Oakleigh apartment complex is only for the Savvy Investor, with a possible 8% + Return on Investment. Current rental is $24,426.60 per year. The OC fee is $1,011.36 per last financial year.
Ideal entry level buying is on offer with this large and beautifully presented 1 bedroom apartment.
Quality fit-out including granite benches, stainless steel appliances, heating, cooling, and window furnishings. While the building features concierge security entry, lift access, car parking, gym and outdoor spa.
Superb location walking distance to Chadstone Shopping Centre, Oakleigh Station and parklands.
Ideal for your own Superannuation fund, or good long term investment.
Please call Thomas Wong on 0411 471 898 for more details.