37/19 Walpole Street KEW VIC

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Large 2 Bedroom 2 Bathroom Apartment near Junction
POSITIVE CASH FLOW!!!

A wonderful long term investment opportunity presents itself here. Leased at $1604.70 per month to Quest Serviced Apartments until 2014 (plus 2 x 5 year option periods), the rental return is higher than mortgage rates which means you are effectively printing money every month!

The rent increases by 5% automatically each year, with a market review every 5 years. The tenant also pays the body corporate fees and water rates!

This excellent apartment in a boutique block with outdoor pool and basement security carparking and right on the doorstep of kew junction in a sought after street, features:
- master bedroom with ensuite
- 2nd bedroom
- central bathroom with laundry
- seperate toilet
- study nook
- Spacious open plan kitchen, living and dining area opening onto sunny balcony
- heating/cooling
- security basement carspace

At $320,000 for an 80m2 apartment like this you simply cant go wrong!

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Features
  • Study
  • Unit
  • 9 Sqrs
  • $ 0
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Agent Details

Admin Oakleigh Marketing

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