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8/19-21 Walpole Kew, VIC 3101

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8/19-21 Walpole,
Kew, VIC 3101

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SECURE INVESTMENT 5.9% ROI

This spacious 2 bedroom apartment is a secure investment opportunity with Quest Apartments as the lead tenant for the building.

Leased until 30th April 2019 and with a further option of a further 5 year term, it is currently returning $25,462.71pm with fixed 5% increases per annum, this is a set and forget investment! Tenant pays for OC fees (exc Maintenance fund) and water rates as part of the lease.

Featuring a fully equipped kitchen with a spacious open-plan living and dining room flowing out to a generous size balcony. Two double bedrooms both with BIR's and main with ensuite, central bathroom and laundry. Further facilities include 2 basement car parks, onsite manager, communal pool, BBQ area and onsite manager. Centrally located just 6km to the CBD, a short stroll to Kew junction and public transport.

Inspection via Private Appointment.

Nelson Alexander Pty Ltd

Kew, 3101 demographic data

The median household income for Kew is $2,497, 31% higher than Greater Melbourne's household income of $1,901. Kew has an older age profile compared to the rest of Greater Melbourne (median age 41 vs 37). Property ownership data shows 41% of property owners in Kew have a mortgage.

24,499
Population
$2,497 per week
Median household income
41 years
Median age
Owners
Most residents
Families
Most households
03 9419 55...
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8/19-21 Walpole
Kew, VIC 3101
Nelson Alexander Commercial - FITZROY
187 Gertrude St
FITZROY, VIC 3065

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