1610/222 Russell Street, Melbourne

ABOUT THE PROPERTY

Bedrooms
1
Bathrooms
1
Car spaces
1
Land size
-
Building size
65 m2
Council area
Melbourne
Year built
2000
Lot plan
1610/PS337555 Melbourne VIC
House type
Unit: Standard



HISTORY

Last sold 18/03/2002
$277,500



LISTING DESCRIPTION
as of November 2014

7.7% Return! Pay NO Body Corp fees With great returns on offer, the location, size, condition and performance of this property makes this the ultimate hassle free investment that will not last long!INVESTORS ONLY!Currently rented at $2,204.75 ($26,457p.a) per month and increasing by 3% per year with No Vacancy. Securely tenanted till 2015 with a further 2x 5 year options.This outstanding investment will suit a savvy investor looking for a long lease with a secure tenant. The owner pays no Body Corp. Fee's and the only outgoings are Water and Council Rates!The prime inner city location, outstanding amenities and quality appointed rooms make it a first choice for people visiting Melbourne and for the same reasons it's the intelligent choice for people looking for a high yet secure return.Please note: This property is a serviced apartment it can't be owner occupied and so is suitable for investors only (not for first home buyers or owner occupiers).Inspections are by private appointment. Please call or email for further information.Harcourts City Residential, your preferred Estate Agents, specialise in apartment sales & leasing, for in-depth information on Melbourne apartments and further information on the property you are viewing visit:arcourts.com.au/?Home/?Buy/?Outgoing-SummarieInformation on outgoings: cityresidential.hsour blog: harcourt scityresidential.wordpress.comwebsite: ci tyresidential.harcourts.com.au----------------------- ------------------------------ ------------------------------ ------------------------------Before you buy a home, you should be aware of a range of issues that may affect that property and impose restrictions or obligations on you, if you buy it. Harcourts City Residential suggests that all buyers read the due diligence checklist available on our website:cit yresidential.harcourts.com.au/?Home/?Buy/?Due-diligence-checklistHarcourts City Residential is committed to maintaining the protection of the personal information it collects during the course of its business, as it is obliged to do under state and federal legislation. Please find a full copy of our privacy policy on our website: cit yresidential.harcourts.com.au/?Home/?Contact-Us/?Privacy-PolicyAdditional feature/s - Property condition: Excellent Property Type: Apartment Unit style: Highrise.