Apartment for sale

203/5-9 Studley Park Road,

Kew, VIC

1 1 0
$215,000

Secure investment

Spacious apartment securely leased to Quality Suites Serviced Apartments. A solid investment in the heart of Kew. This overly spacious motel style accommodation has a kitchenette with A/C, separate bathroom and secure car space on title. Leased to 30th April 2020 with a further 4 x 5 year options. Rental income of $17,660.38 pa increasing annually by 4% with market rate reviews at the commencement of each 5 year term to 2035.
Last updated: 04:38PM on Jul 18th 2017
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Woodards Camberwell

Level 3, 277 Camberwell Road
Camberwell VIC, 3124
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