The Perfect Set and Forget Investment - Approx 6% Net Return!

24/3 Studley Park Road, Kew, 3101

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Contact for PriceFor Sale
  • Ownership Type Studio
  • Property Area 0 sqft
  • Bedrooms Studio
  • Bathrooms 1
  • Furnished No
  • Last Updated 3rd Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Full-Time Doorman
  • River Views
  • Common Roof Deck
  • City Views
  • Gym
  • Sauna
  • Open Views
  • Basketball Court
  • Pool

Property Overview

One-On-One Private Inspections are available for this property, please submit an enquiry and one of our agents will call you to book a suitable time for inspection.

The Dream:
This is surely an attractive investment compared to others in Melbourne and has the security of a locked in long term tenant for years to come. Be part of this fantastic opportunity and don't miss out !

Opportunity:
Own a peace over the lovely inner eastern suburbs of Kew with parks, restaurants, cafes, shopping, transport and entertainment only minutes from your door.. This brilliant set and forget investment property has a long term lease in place and a high return locked in for years to come. The yearly rent of the 5 year term is $13,462. With outgoings of around $4,000 per year showing approximately a 6% net return average over the 5 years.

The Abode:
This surprisingly spacious studio style apartment is leased to a Hotel that operates its successful business in short stay accommodation. The lucrative business committed to the building means you reap the rewards with a generous return.

Next Steps:
Call, reach out, email but be quick as this is in high demand. Book an appointment!

Location on Google Map

24/3 Studley Park Road, Kew, 3101

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