This is a LEASEHOLD fully furnished, tidy and spacious studio apartment with balcony, off street carpark and storage locker in the luxury Mirage apartment complex. Offers astute investors a top rental return on rental income of $495pw. The Mirage is a popular choice for owner occupiers, tenants and landlords. There's often a waiting list for a vacancy and there are landlords that own multiple rentals in the complex. Residents love the fabulous facilities including heating/cooling air-conditioning, swimming pool, indoor lap-pool, gym, sauna, spa, tennis court and outdoor BBQ facilities. Easy walk to CBD, Parnell, universities, French Market, waterfront and cafés.
Mirage is a premium resort style apartment complex with a well-managed body corporate.
• 150 Year Lease - Ground Rent Fixed to August 2025 at $466 per month ($5,586pa) • Body Corporate Fee $297 per month ($3,564pa) • Council Rates $1,246pa • Currently Rented at $495pw ($25,740pa) Fixed tenancy to February 2021
Do the maths, this is a great rental or city fringe pied-a-terre and for sale at asking price $229,000.