Sold 301/1384 Dandenong Road, Hughesdale
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Asking Price Reduced!!! Rental income increased!!! Act now.. before sold. 8.4%

1 Bed | 1 Bath | 1 Car

The PUNT HILL, Oakleigh apartment complex is only for the Savvy Investor, with a 8.4% Return on Investment.
Ideal entry level buying is on offer with this large and beautifully presented 1 bedroom apartment with car space on title.
This apartment situated on the third floor is ideally located on the North East corner of the complex bathed in sunlight, feauturing excellent city views.
Returning $23,280 per annum, a whopping $447.91 per week.
You do the numbers this is an excellent return for a 1 bedroom apartment.
Good, Strong, long term tenant, Punt Hill occupies the entire complex as a serviced hotel and they have been present since April 2009.
The first 5 year lease expired in April 2014 & Punt Hill have exercised their next 5 year option. There are three further 5 year options are also available to the tenant.
The existing Lease has yearly CPI reviews. No vacancy periods, no letting fees and the tenant pays the body corporate fees.
Do your research on your new, strong, long term tenant - Punt Hill Serviced Apartments
Quality fit-out including granite benches, stainless steel appliances, heating, cooling, window furnishings and Euro laundry. While the building features concierge security entry, lift access, car parking, gym and outdoor spa.
Superb location walking distance to Chadstone Shopping Centre, Oakleigh Station and parklands
Ideal for your own Superannuation fund, or good long term investment


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Sold for $260,000
  • Contact

    Ryan Pagan

    M 0438 757 358

  • Contact

    Ofer Rotkopf

    M 0413 605 382
    P 03 9375 3377