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Apartment
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for sale
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INVESTORS: $40,681 Rent PA, 7.68% GROSS
Yallambie, Melbourne
· 2 Bedrooms · 2 Baths · Apartment
Yallambie, Melbourne · 2 Bedrooms · 2 Baths · Apartment
RECEIVING: $40,681 rent pa. Located within Uni Hill town centre and a short stroll to DFO Shopping Centre, supermarkets, local restaurants and cafes, Quest Bundoora is located in one of Melbourne's fastest growing northeast suburbs. Approximately 20kms from the CBD, complete with tram stop nearby taking you directly to the city, the property was purpose built & completed in 2012. Ideally located within close proximity to La Trobe University, RMIT, Funfields Water Park, Bundoora Park, Bundoora Homestead, Parade College, Northern Hospital and the Northpark Private Hospital. Lease Details: Current Rent: $782 per week - $40,681 pa Current Return: 7.68% Gross - 7.18% Net Rental Increases as follows: August 2026 + 4%= $813 pw/ 8.04% gross Leased to: 26/08/2027 plus 4 x 5 Year options Rent Increases: 4% yearly with market rent reviews every 5 years (next due 2027) Net return is based on annual outgoings listed below- does not include stamp duty, or government taxes A very spacious 2 bedroom,
RECEIVING: $40,681 rent pa. Located within Uni Hill town centre and a short stroll to DFO Shopping Centre, supermarkets, local restaurants and cafes, Quest Bundoora is located in one of Melbourne's fastest growing northeast suburbs. Approximately 20kms from the CBD, complete with tram stop nearby taking you directly to the city, the property was purpose built & completed in 2012. Ideally located within close proximity to La Trobe University, RMIT, Funfields Water Park, Bundoora Park, Bundoora Homestead, Parade College, Northern Hospital and the Northpark Private Hospital. Lease Details: Current Rent: $782 per week - $40,681 pa Current Return: 7.68% Gross - 7.18% Net Rental Increases as follows: August 2026 + 4%= $813 pw/ 8.04% gross Leased to: 26/08/2027 plus 4 x 5 Year options Rent Increases: 4% yearly with market rent reviews every 5 years (next due 2027) Net return is based on annual outgoings listed below- does not include stamp duty, or government taxes A very spacious 2 bedroom,
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