About this home
Property Details: • Type: Apartment / Unit / Flat
• Bedrooms: 5 • Bathrooms: 5
Description: An opportunity not to be missed for an astute investor to acquire a sought-after set and forget investment portfolio comprising of 5 apartments with a high return. Highlights include: Combined annual rental of $103,031 Annual fixed increases of 4% Lease term of 5 years expiring on 14/04/2023 3 x 5 year options Tenanted by the renowned Quest Peninsula Conveniently located on-site is a launderette, beauty spa, fully equipped gym, entertainment terrace, restaurants, cafes and a professional business centre. Ideally positioned amongst Frankstons best gourmet restaurants, cafes, boutique shops and entertainment, The Peninsula on the Bay sits at the gateway to everything the Morning Peninsula has to offer and is only a 40-minute drive from Melbourne CBD. Call now to inspect - 1300 652 532