Maribyrnong VIC 3032

Maribyrnong VIC 3032

$515,000 - $525,000

2 beds

2 baths

1 parking

PRICE DROP! 7KM FROM MELBOURNE CBD. LEASED TO DHA UNTIL 2023 + 3 YR OPTION.

Exclusively located within "The Edge Apartments", this two bedroom, two bathroom apartment is available for purchase by a savvy investor. With a lease in place to DHA (Defence Housing Australia) until 2023 + additional 3yr option, your rent will be guaranteed for the life of the lease.

FEATURES INC :
* 2 Bed/2 Bath - Master inc WIR, Ensuite & balcony access
* BIR and central bathroom for remaining bedroom.
* Open plan Kitchen, with waterfall stone bench tops, SS Appliances, ample storage and bench space.
* Both bathrooms featured stone topped vanities and oversized showers
* Balcony with city views
* Single secure car space & Storage cage.
* Secure video intercom entry, foyer CCTV surveillance.
* Built In 2013
Ideally located for lifestyle enjoyment, it's a short walk to Jacks Wood Reserve and the Maribyrnong River Trail, Edgewater Village, bus and Gordon Street tram and also only minutes to Highpoint Shopping Centre and Maribyrnong College.

LEASE DETAILS :
* Lease start date 29/05/2014
* Lease end date 28/05/2023
* Lease option 1 x up to 36 months
* Right to vary 1 x up to 12 months Reduction and 1 x up to 12 months
Extension

RENT : 2022 Current rent $450pw and assessed each December. Guaranteed not to drop below $450pw for the life of the lease.

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the property is tenanted
* Annual independent rent reviews
* Most non-structural maintenance paid for by DHA
* The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement).
* Zero re-letting fees

RATES & BC FEES:
Strata Fees : Approx $1019 per Half-yearly
Council : Approx $950 per Half-yearly
Water : Approx $230 per Half-yearly

** Investing with DHA - This property is for sale on behalf of a DHA Lessor and has a DHA Lease Agreement in place. Visit dha.gov.au to learn about the benefits of investing in a DHA property. If you would like to arrange an inspection please contact Sharon Richter of Hudson Property Agents.
**In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.