Here presents a rare opportunity to purchase a one bedroom apartment located in the thriving locale of Hawthorn, right in the central hub of Glenferrie Road. This apartment is securely leased to the renowned Quest Apartments, offering a guaranteed rental yield of $26,690 Per Annum with 4% annual increases and 4 further options of 5 years each term. The tenant, Quest Apartments have a proven record since beginning with a single complex in Fitzroy in 1988, from which they have grown to manage 170 properties across Australia, New Zealand and Fiji. You can be sure that your secure investment will be well looked after with regular housekeeping and maintenance carried out by Quest employees. The contemporary residence on offer boasts a prime location like no other, adding to capital growth and just a few steps away from busy cafes, trendy bars, bustling restaurants, and the renowned Swinburne University. Plus, with such convenient access to trams & Glenferrie Train Station, the lifestyle on offer here is unbeatable. Guests will also enjoy access to the rooftop terrace, barbeque, and lounge areas.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.