113/1142 Mt Alexander Road, Essendon, VIC 3040
Essendon 2房 A Guaranteed $638.31 per week LEASED to February 2031
$400,000-$419,990113/1142 Mt Alexander Road, Essendon, VIC 3040
A Guaranteed $638.31 per week LEASED to February 2031
On offer is a guaranteed return of $638.31 per week for a 2 bedroom, 2 Bathroom apartment with car park at Punt Hill, The Essendon Grand.
Strictly, only for the Investor, is this roomy dual key apartment, currently under a 5 YEAR Lease commencing on the 20th February 2026 & running to 2031.
Existing tenant, PUNT HILL has been in occupation for the past 19 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, $33,192.36 per annum, $2,766.03 per month or $638.31 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
NOTE - This apartment has also been recently refurbished with new carpet, fresh paint & new window furnishings, thus keeping future expenditure low.