Sold for $320,000
506/100 Exhibition Street
The apartment under a lease agreement that could be terminated with 60 days written notice,
Without any penalty.
Estimate rental income between $19,000 - $21,000 a year.
RETURN: 6.7% Gross
Situated on Level Five, this is a one-bedroom serviced apartment measuring approximately 50 square meters. This apartment offers a generous bedroom with built in robes, a lounge, a well-equipped kitchen with electric hotplates, and loads of storage. In addition, a fully appointed bathroom with shower over bath, and laundry facilities.
The property offers a security entrance and is in a prime Melbourne location at the “Paris end” of the CBD with quality retail shops, restaurants, and cafes also close at hand.
Property ID
2137711
Property Type
Apartment
Status
Sold
Ofer Rotkopf
Sales Executive/Licensed Estate Agent
orotkopf@paganrealestate.com.au
0413 605 382