$339,990
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106/1142 Mt Alexander Road, Essendon VIC 3040

Apartment
111
Block size: 2898 m² approx.

PUNT HILL ESSENDON - A Guaranteed $501 per week for an Extra Large 1 Bed, 1 bath with car park

A guaranteed return $501 per week for an extra-large, 1st floor, 1 bedroom apartment with car space at Punt Hill, The Essendon Grand.
Ideally located on the 1st floor of the complex, facing Mount Alexander road & situated within the original ART DECO facade of THE GRAND HOTEL.
This apartment is strictly only for the Investor with the existing 5 YEAR Lease commencing on the 20th February 2021.
Excellent tenant - Punt Hill Serviced Apartments. www.punthill.com.au with a further three (3) 5 year options that sit with the tenant.
No vacancy periods, no letting fees and no advertising for any new tenant.
The numbers are big for a 1 bedroom, $26,057.76 per annum, $2,171.78 per month, $501 per week.
Fittings include, granite benches, Stainless Steel appliances, heating, cooling, window furnishings, Euro laundry. Quality fit-out including granite benches, stainless steel appliances, heating, cooling, window furnishings, Euro laundry and secure basement car space.
Superb location with shops, public transport, pubs and major roads nearby.
Ideal for your own Superannuation fund.

Inspections

No open inspections scheduled.

Send an enquiry

Contact Ryan Pagan to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
1
Bathrooms:
1
Garage Spaces:
1
Property type:
Apartment
Block Size:
2898 *

Other Details

Lot:
104
Plan:
PS529302
Legal description:
104\PS529302
Pagan Real Estate

Maps and area information

Block information
Block size: 2898 (approx)
Legal description: 104\PS529302
Block Map
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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.
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Nearby sales

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We found 27 apartments with 1 bedrooms that just sold near 106/1142 Mt Alexander Road Essendon

Property history

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Statement of information

Section 47AF of the Estate Agents Act 1980
Download Statement of Information
Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.

Essendon suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
40 years
Population
21,240
Listing ID: 181978402. This listing has been viewed 8 times. It was first displayed on 05/10/2023 and last updated on 04/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.