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This instantly engaging apartment conveys a sensational appeal for first investors or those just starting out. A ready pool of tenants at the door with Monash University and hospitals.
Currently leased until 1st March 2024 for $18,720.00 p.a. (tenants keen to remain), investors can expect gross rental returns in excess of 5.0% p.a. Property has a rental potential of $410/week or $21,320 per year. The Body Corporate Fees are a very manageable $$1,934 per annum.
Location perfect, enjoy the convenience, just moments from Monash University and the new Monash Heart Hospital, Pinewood Shopping Centre, Brentwood Secondary catchment, and Clayton Station only minutes away. Easy access to the M1, and on to Melbourne CBD in approximately 25 minutes.
On the ground floor in a popular Notting Hill precinct, an impressive, modern apartment with an excellent floor plan. Two generous bedrooms (wall heaters), a large modern bathroom, European laundry, abundant storage, plus a powder room (yes, 2 toilets). The kitchen with stainless steel cooking appliances, stone benchtops and plenty of storage, opens to the spacious living/dining with glass sliders to the large, North facing, undercover downlit alfresco balcony.
The apartment offers secure, undercover parking for two vehicles (on title), plus secure intercom access, basement storage room, and split system heating and cooling.
JUST SO CONVENIENT:
? 1.4km to Monash University
? 8-minute drive to Monash Medical Centre, Syndal Station, Clayton Station and Ikea
? 5-minute drive to Pinewood Primary School and Pinewood Shopping Centre
? 2.9km to Brandon Park Shopping Centre
? 10-minute drive to Chadstone Shopping Centre
? 1.7km to Notting Hill Hotel