Investment Opportunity at Your Doorsteps! **CURRENTLY RENTED FOR $1,443.11 PER MONTH**
*** INVESTORS ONLY*** 2 bed 2 bath Investment walking distance to Hospital, Dandenong Market and TAFE.** Please note that this is a Quest Service Apartment **
https://www.questapartments.com.au/properties/vic/dandenong/quest-dandenong
Quest Dandenong is ideally located a mere 1 Km from both Chisholm Tafe and Dandenong Hospital and walking distance to Dandenong market and the central shopping, dining and entertainment precinct.
With Sandown Racecourse only 13 minutes' drive away and an array of Indoor Sporting complexes including Keysborough Golf Course all within close proximity, with rents paid regardless of occupancy, no management or letting fees, and all council, water rates and owner's corporation admin levies paid by the hotel.
This Two Bedroom apartment will impress with its entry level buying point and minimal outgoings providing a solid net yield to investors. With a spacious master bedroom complete with king size bed and full ensuite to master. Modern kitchen with white stone benchtops and stainless steel appliances, including dishwasher adjoins the open plan meals and family room area.
Guests will enjoy the outdoor balcony and onsite communal inground swimming pool, recently refurbished with frameless glass fencing, and undercover BBQ area. With car park on title, and only a short walk to Dandenong CBD including markets, restaurants, transport, shopping and industries.
The building attracts and consistent and steady flow of both corporate, leisure and insurance clients. Quest Hotel pay all Council Rates, Water Rates, Water Usage, Electricity Usage, Building Insurance, Common Area public liability and Owners Corporation Admin Levies.
$250 - $400 per night (approx. depending on the year)
Extra features you might love:
- Pool and BBQ amenities
- Secured entrance with reception
- Daily room cleaning and maintenance
- Luxury living in main Dandenong
CURRENT RENT $332 per week, $17,317.32 per annum (approx.)
RETURN: 6.60% gross (approx.)
Rent Increases: 4% pa (approx.), market review every 5 years
