What better way to kick start or add to your portfolio than with this single-bedroom Quest apartment in the heart of Southbank, one of Melbourne’s most acclaimed living, dining and entertainment precincts. For over 27 years, Quest has provided its investors with an easy, set-and-forget experience providing predictable outgoings and guaranteed returns backed by the security of a long-term lease. Offering an impressive annual gross rental of approx. $18,591 pa or 7.01% ROI, this apartment features a queen-sized bedroom with BIRs, bright living/dining with built-in desk and seamless, fully equipped kitchen, bathroom featuring bath over shower, balcony with skyline views and ducted heating/cooling. Quest Southbank is a no-smoking property with daily housekeeping (excluding Sundays & holidays), fully equipped gym and sauna, guest laundry, 24-hour reception, business centre, onsite café, high-speed internet and secure parking. Free of the usual management fees, vacancy periods, maintenance, repairs and outgoings of property investment, investors can look forward to strong returns through a lower risk, low-effort asset surrounded by the very best Melbourne has to offer. Guests can walk to multiple internationally acclaimed landmarks including the CBD itself, its nightlife and entertainment, Royal Botanic Gardens, Arts Centre, Crown Casino and Southbank’s iconic promenade with its awarded dining and high-end shopping, the Yarra River, the MCG, Sports and Entertainment precinct, trams and trains that connect to a host of other attractions.Council Rates - $1050 approx. per annumOwners Corporation Fees - $341 per quarter Current term expiring September 2027Remaining options: 3 X 5 years 3% annual rental fixed increases
