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109/48 Wellington Parade
East Melbourne VIC 3002
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Sold on 27 May 2014

109/48 Wellington Parade East Melbourne VIC 3002

  • Hotel, Motel, Pub & Leisure
  • Sold

Guaranteed Performer: Perfect inner city investment to set & forget

This fully self-contained studio apartment presents as a great investment opportunity.

Located in the tightly held leafy suburb of East Melbourne ideally positioned between MCG/Rod Laver arena's, Melb CBD, Yarra River, Fitzroy Gardens, Crown Casino & Bridge Rd's cosmopolitan retail strip.

Complimented by long term leasing arrangements with Quest East Melbourne returning a massive yield circa 7% ($15,345pa) with some outgoings paid by the tenant. This outstanding performing investment would be a welcome addition to those astute investors looking to capitalise long term.

With sweeping views across Melbourne's city skyline & direct views to MCG this very well maintained north facing apartment offers quality fixtures & fittings throughout, large well equipped bathroom, air-con & heating throughout, private balcony together with onsite reception/concierge facilities & rooftop garden terrace with entertainment furniture and sunbeds.

Disclaimer:
We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers/lessees are advised to carry out their own investigations.

Property Highlights

Date Sold27 May 2014
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2011126452
Category
Last updated  30 May 2014
Map for 109/48 Wellington Parade East Melbourne VIC 3002

Property Highlights

Date Sold27 May 2014
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2011126452
Category
Last updated  30 May 2014
Level 1, 68 Clarke St South Melbourne VIC 3205
Lemon Baxter Pty Ltd
Lemon Baxter Pty Ltd

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