24/157 Fitzroy Street, St Kilda
Cash cow $$$ - Perfect Set & Forget Investment Apartment - Property ID: 923658
Ideal Super Fund purchase providing an income stream 52 weeks of the year from long standing tenant with a number of years to go on current lease. Situated in this prestige building know as Adina apartments opposite Albert Park on exciting Fitzroy Street this quietly positioned rear apartment is in perfect order (refurbished approx. 3 years ago) is complimented with balcony and A/C and car park on Title. Current Rental approx. $17,119 per annum which increases by 3% on 1st July to approx. $17,632.00 p.a.
Low, low, outgoings as tenant pays major share of OC Fees.
The current lease expires June 2019 and there is another 5 years option. Proven onsite management.
**Inspection by private appointment only.