Essendon

New 5 Year Lease - A Guaranteed $420 per week for a 1 bedroom

The Essendon Grand Punt Hill apartment complex is only for the Savvy Investor.
Ideal entry level buying is on offer with this large and beautifully presented, North Facing 1 bedroom apartment in the popular Punt Hill Essendon apartment complex.
Located on the 1st floor and returning $21,885 per annum, thats a whopping $420 per week, or $1,823.75 per month. You do the numbers this is an excellent return for a 1 bedroom apartment.
Punt Hill have just exercised their new 5 year Lease option which commences on the 20th February 2016.
With yearly CPI reviews and then 3 further 5 year options.
Excellent tenant - Punt Hill Serviced Apartments. www.punthill.com.au
Quality fit-out including granite benches, stainless steel appliances, heating, cooling, window furnishings and Euro laundry.
Superb location with shops, public transport, pubs and major roads nearby.
No vacancy periods & no letting fees.
Ideal for your own Superannuation fund.