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Apartment
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for sale
Request Details
PRICED FOR IMMEDIATE SALE 2 BED/ 2 BATH + BALCONY & CAR UNDER LONG TERM LEASE WITH QUEST HOTELS! INVESTORS
Wembley Downs
· 2 Bedrooms · 2 Baths · Apartment
· Balcony · Parking · Equipped kitchen
Wembley Downs · 2 Bedrooms · 2 Baths · Apartment · Balcony · Parking · Equipped kitchen
PRICED FOR IMMEDIATE SALE! Be quick to secure this outstanding value apartment just steps from the iconic Scarborough Beach foreshore. Offering a highly desirable dual-key configuration with 2 bedrooms, 2 bathrooms, private balcony, and secure car parking, this versatile investment opportunity wont last long, Our vendor instructions are clear! SELL THIS WEEKEND. CALL MANDY FOUNTAIN ON 0408 10 30 10 TO SUBMIT AN OFFER. Property Features Dual-key apartment configuration 2 Bedrooms, 2 Bathrooms Secure car space, Spacious balconies Full kitchen and second kitchenette. Strong long-term lease in place 83m2 Internal 14m2 Balconies Total: 112m2 including car park Investment Details: Current Rent (from June 2026): $2,687.28 per month = $32,247 per annum Rental Increases May 2027 +4% = $33,536 p.a. 6.46% gross return May 2028 +4% = $34,878 p.a. 6.72% gross return May 2029 +4% = $36,273 p.a. 6.99% gross return May 2030: Market review Lease Details Leased until: 18/05/2030 Plus 5 x 5-year options
PRICED FOR IMMEDIATE SALE! Be quick to secure this outstanding value apartment just steps from the iconic Scarborough Beach foreshore. Offering a highly desirable dual-key configuration with 2 bedrooms, 2 bathrooms, private balcony, and secure car parking, this versatile investment opportunity wont last long, Our vendor instructions are clear! SELL THIS WEEKEND. CALL MANDY FOUNTAIN ON 0408 10 30 10 TO SUBMIT AN OFFER. Property Features Dual-key apartment configuration 2 Bedrooms, 2 Bathrooms Secure car space, Spacious balconies Full kitchen and second kitchenette. Strong long-term lease in place 83m2 Internal 14m2 Balconies Total: 112m2 including car park Investment Details: Current Rent (from June 2026): $2,687.28 per month = $32,247 per annum Rental Increases May 2027 +4% = $33,536 p.a. 6.46% gross return May 2028 +4% = $34,878 p.a. 6.72% gross return May 2029 +4% = $36,273 p.a. 6.99% gross return May 2030: Market review Lease Details Leased until: 18/05/2030 Plus 5 x 5-year options
Request Details