Jason Low
Director, Licensed Estate Agent
Leased until May 2037 (current term to May 2027 with two further 5-year options), this is the ultimate set-and-forget investment offering a secure income stream for the next 11 years, complemented by strong long-term capital growth potential. Returning $25,812 per annum with annual CPI increases and market reviews at the commencement of each new 5-year term, the property provides both stability and future upside.
The spacious apartment comprises a master bedroom with built-in robes and ensuite, a second bedroom or study, and an open-plan kitchen, living and dining area. While owner-occupation is not available until lease expiry, the property presents exciting future value-add potential through refurbishment or reconfiguration.
Positioned in the heart of Melbourne's CBD, just moments from Degraves Lane, Flinders Lane, Town Hall and Flinders Street Station, this is a rare opportunity to secure a well-located, generously sized apartment at an attractive price point-ideal for the astute long-term investor.
Disclaimer: We have in preparing the content used our best endeavours to ensure that the information contained is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Prospective purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs Victoria. Click on the link for a copy of the due diligence check-list from Consumer Affairs Victoria. http://www.consumer.vic.gov.au/duediligencechecklist
"Distance" refers to the straight line between the property and the school address on our database. We recommend contacting schools directly regarding zoning and admissions.
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