607/172 William Street, Melbourne

ABOUT THE PROPERTY

Bedrooms
2
Bathrooms
1
Car spaces
0
Land size
65 m2
Building size
-
Council area
Melbourne
Year built
1967
Lot plan
Melbourne VIC
House type
Unit: Standard



HISTORY




LISTING DESCRIPTION
as of March 2013

Invest now and move in later when the lease expires... This immaculately maintained sixth floor serviced apartment offers excellent opportunity to continue the current status of long term leasing to QUEST(5 years lease started in January 2013 plus 4x5 years options to Quest) and enjoy its consistent rewards as professionally managed accommodation. Whichever strategy for the future is adopted, this absolute city centre position ensures a pleasing outcome! Concierge foyer and secure lift access precede an apartment of a very generous proportions (over 60 sq meters internally) featuring north east facing living, modern open plan kitchen and two bedrooms, complemented by spacious sparkling modern bathroom. There is also a separate laundry, video security, heating/cooling and part timber flooring. Close proximity to Law Courts. A win-win situation! This property would ideally suit a self managed super fund or an investor looking for a long term secure cash flow and an ideal living quarters after the expiry of the lease. Currently returning $21,133PA till January 2014 with subsequent annual 3% increases - a yield of approx 7%.Inspect by appointment - contact agent Zoran Tasic on 0410 553 634