PUNT HILL ESSENDON - A Guaranteed $606 per week for a 2 Bed, 2 bath with car cark

314 / 1142 MOUNT ALEXANDER ROAD, ESSENDON

On offer is a guaranteed return of $601.27 per week for this extra large 2 bedroom, 2 Bathroom + study apartment with secure basement car park at Punt Hill, The Essendon Grand.
This apartment is the jewel of the crown as it would be the largest 2 bedroom apartment in the complex & occupies an excellent North facing aspect with stunning Woodlands Park views.
Strictly, only for the Investor, is this roomy apartment, with current 5 YEAR Lease commencing on the 20th February 2021.
Existing tenant, PUNT HILL has been in occupation for the past 15 years & with another Three (3) further 5 year options.
No vacancy periods, no letting fees and no advertising for any new tenant.
The numbers are big when compared to other local rentals, $31,266.24 per annum, $2,605.52 per month or $601 per week.
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.