212/353 Springvale Road, Glen Waverley, Vic 3150

*INVESTORS ONLY*
Located in the ever popular Quest Glen Waverley building, we have on offer a 7 year young 2 bedroom twin key apartment, with carpark on title. Set within walking distance to the Glen Waverley restaurant precinct, Monash City Council, Holmesglen Tafe, Glen Waverley Station and The Glen Shopping centre there are all manner of amenities at your doorstep. Boasting stainless steel appliances, in-room laundry facilities, decent sized balcony and a secure undercover carpark this opportunity will not last long.

LEASE TERMS:

Current Rent: $596 per week ($30,996p/a)
Current Return: 6.32%
Lease Terms: Lease to 7th December 2018 with 4 X 5 Year Options
Rent Increases: 4% per annum (rent reviews at 5th year - Next Review 2018)

Owners Outgoings:

Council Rates: $1191 per annum (approx)
Water Rates: $164 per annum (approx)
Sinking Fund: $1236 per annum (approx)
Body Corporate Admin Fee: Paid By Tenant