The JLL Hotels and Metropolitan Sales teams are proud to present this significant investment opportunity, securely leased to Quest Apartment Hotels for 15 years.
Located approximately 8km North West of the CBD in one of Melbourne's well established city fringe precincts, with excellent proximity to the landmark Highpoint Shopping Centre, Homemaker Centre, health and aged care services, Victoria University and Flemington Racecourse
Some of the key investment highlights are:
• Securely leased to Quest Australia with a starting rental of $1,443,000 per annum* (+GST)
• Long lease of 15 years commencing mid 2018
• 5+5+5+5 year options
• A mix of 1, 2 and 3 bedroom serviced apartments totaling 78 keys over 8 levels
• Currently under construction and providing significant depreciation benefits
• Future strata sell-down potential
• Part of a prime corner allotment of 3,872 sqm* with 2 street frontages
• 8kms* North West of the CBD and offering exceptional access via bus and tram
This rare opportunity is offered for sale by Expressions of Interest, closing Friday, 8th December 2017 at 12 pm.
information on this opportunity please contact the exclusive selling agents.