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Report ListingAndrew Crotty
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Australia | Dwellingup
101/48 Wellington Parade, East Melbourne, Vic 3002
INVESTORS ONLY - INVEST IN STYLE & CONVENIENCE For investment only and under long term lease with Quest Apartment Hotels, this spacious studio is located in the highly sought-after suburb of East Melbourne. Situated on Wellington Parade, this blue chip investment offers convenient access to the bustling city centre and a range of amenities including: - Kitchenette - Sitting/dining with inbuilt study desk - Ensuite bathroom - Heating & cooling - Rooftop terrace with 360-degree views - BBQ area - Laundry facilities on-site - Around 27sqm of living space This property offers great rental returns at $340 per week making it an attractive investment opportunity. Ideally positioned metres from public transport, MCG, Rod Laver Arena, AAMI Park and more.
Lease Terms & Details: Current rent $340 per week, $17,728 per annum Lease to 5th August 2027 with 3 x 5-year options. Rent Increases: 4% Increases yearly with market rent reviews every 5 years (next due August 2027)
Owner Outgoings: Council Rates: $1,109 pa approx. Water Rates: $1,200 pa approx. Body Corporate: $1,200 pa approx.
Contact Chaise Priestley for more information and to register your interest now.
Conditions of entry - IDENTIFICATION and contact number required, otherwise entry may be refused.
The information about this property has been supplied to us by the property owner, while we have no cause to doubt its accuracy, we provide no guarantee. We cannot attest to the functionality of any fixtures, fittings or inclusions to the property. Land and apartment dimensions and floor/site plans are supplied by third parties. Typing mistakes, omissions, transposing can occur, we provide to assist but make no representation. Buyers must carry out their own due diligence.
Secure Parking:
no
Dishwasher:
no
Broadband:
no
Ducted Heating:
no
Ducted Cooling:
no
Split system Heating:
no
Hydronic Heating:
no
Split system Air con:
no
Gas Heating:
no
Reverse Cycle Air con:
no
Evaporative Cooling:
no
Air Conditioning:
no
Alarm System:
no
vacuumSystem:
no
Intercom:
no
Pool In Ground:
no
Pool Above Ground:
no
Tennis Court:
no
Balcony:
no
Deck:
no
Court yard:
no
Outdoor Ent:
no
Shed:
no
Open FirePlace:
no
Hot Water Service:
no
Inside Spa:
no
Outside Spa:
no
Furnished:
no
Study:
no
Built in Robes:
no
Gym:
no
Workshop:
no
Rumpus Room:
no
Floor boards:
no
PayTV:
no
Fully Fenced:
no
entertaining area:
no
Vacuum System:
no
Ducted Vacuum System:
no
Swimming Pool In ground:
no
Energy Efficiency Rating: Low (0):
no
Energy Efficiency Rating: Med (6.0):
no
Energy Efficiency Rating: High (8.0):
no
Energy Efficiency Rating: Med (5.0):
no
Energy Efficiency Rating: Med (5.5):
no
Energy Efficiency Rating: High (10.0):
no
Energy Efficiency Rating: Low (0.5):
no
Energy Efficiency Rating: Low (2.5):
no
Energy Efficiency Rating: High (8.5):
no
Energy Efficiency Rating: Med (7.0):
no
Energy Efficiency Rating: Low (1.5):
no
Energy Efficiency Rating: Low (3.5):
no
Energy Efficiency Rating: Med (4.0):
no
Energy Efficiency Rating: Low (3.0):
no
Energy Efficiency Rating: Low (2.0):
no
Energy Efficiency Rating: Med (7.5):
no
Energy Efficiency Rating: Med (6.5):
no
Your monthly budget 
We use your income and expenses to calculate how much remains each month after you make loan repayments.
Repayments
Expenses
Remaining
Listed price from 279,000 We use your income and expenses to calculate how much remains each month after you make loan repayments.
Deposit
The Available deposit figure below shows your total deposit minus upfront costs. Please click on the link for detail.
Interest
Based on current RBA Lenders' Interest Rates. For Owner occupied properties it is 6.28% and Investment properties 6.52%.
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