Blue Chip Investment Returning $30,000 Per Year!
What makes this the perfect investment property? Rent: $30,000 per year (+ Outgoings + GST) Gross Rental Return: 5.45% (approx.) Body Corporate Fees: $816.48 per quarter (approx.) Council Rates: $534 per quarter (approx.) What this property has to offer: · 100sqm (approx.) of floor space · Benchtop with sink and cupboards The location is within walking distance to: · 5 min walk to bus service on Warrigal Rd · 10 min walk to Chadstone Shopping Centre · 13 min walk to Oakleigh Railway Station · 4 min drive to Monash Caulfield Campus · 7 min drive to Monash Clayton Campus Currently leased and perfect for potential office / retail / restaurant STCA. Located off main road with great street frontage and naming rights. 73 apartments in the building, next door retail shop has already been leased out and operating. Main road exposure. Neighbours include KFC and Hungry Jacks. Benefitting from excellent passing traffic, the site is of 100sqm approx. of floor space encompassing a shop front, plus a kitchenette and a carpark space, and a storage. Common restroom within the apartment complex. Huge demand in the area and excellent opportunity for owner operating business or investment with a healthy rental yield. Terms: 10% deposit, balance 30/60/90 days PLEASE NOTE: Open for inspection times and property availability is subject to change or cancellation without notice.