212/5-9 Studley Park Road, Kew

This property is a unit located in 212/PS432870 Kew VIC. We estimate its value at $335,000. The local government is Boroondara, it has 1 bedroom, 1 bathroom.

ABOUT THE PROPERTY

Bedrooms
1
Bathrooms
1
Car spaces
1
Land size
-
Building size
-
Council area
Boroondara
Year built
n/a
Lot plan
212/PS432870 Kew VIC
House type
Flats



HISTORY

Last sold 02/06/2011
$158,000



LISTING DESCRIPTION
as of March 2011

High Yield Investment - 8.78% Return Spacious studio style apartment securely leased to Quest Serviced Apartments. New five year lease as of 1 May 2010 paying $13,965 per annum with 4% annual increases over five years with a further 4 x 5 year option with review to market rent.An ideal long term investment in a first rate location with the benefits of a first rate tenant with no concerns regarding vacancy rates or the cost of finding new tenants. Other features include car space on title.Rates:Council Rates: $349.70 per annumBody Corporate: $311.74 per quarterINSPECTION BY APPOINTMENT ONLY