29 Mitaros Place

Parap NT 0820

This smart executive near-new apartment offers all the trimmings of modern inner city living with a laid back village feel. It comes completely furnished with modern contemporary pieces, from the lounge suite to the dining suite and everything in between AND has fantastic rental return with secure lease to July 2016 (with an option to renew). Sounds too good to be true?
KEY FEATURES:
- Smart, Executive, near new 2 bedroom, luxury apartment with guaranteed rental returns
- Prime top floor position overlooking pool and landscaped gardens
- Fully furnished with high-end pieces throughout ($14,000 value approx.)
- Currently leased at an AWESOME $940pw increasing to $982 in July 2015
- Secure tenancy in place until July 2016 (with an option to renew)
- High-end finishes with stainless steel cooking appliances, granite benchtops, polished floor tiles, carpets and split system A/C ensure a low maintenance investment with timeless appeal
- Each bedroom is oversized allowing for extra living space in each room, both have storage
- Remote Control parking for 2 / lift to upper levels / secure store room / audio intercom
- 2 gorgeous bathrooms, ensuite to Master, luxury granite top vanities with great storage
- Chef inspired fully equipped kitchen with pantry and granite counters / also includes wall oven, microwave, dishwasher and fridge
- Huge internal laundry provides additional storage space for those bulkier items / includes washing machine and clothes dryer
- Massive balcony off living area extends your entertaining options (25m2 approx.)
- Immaculately maintained complex with gardens, pool and BBQ area
- Walk to Parap markets, Fannie Bay is a short 2 min drive, as is East Point
Located in ever popular Parap within walking distance to the famous Parap Markets plus a mecca of dining and shopping options at your door and just a short bike ride to East Point Reserve and the foreshore - the location is second to none.
With current tenants in place, paying a whopping $982pw rental return with no management fees, investors tap into an immediate revenue stream, or smart executives use the rental income to pay down your mortgage before moving into this luxurious near-new complex.
Smart Executive Living, in a location thats hard to beat! Act fast to secure this excellent opportunity.
Contact: Sascha Smithett for further information and time to view.
OUTGOINGS & INCOMINGS:
- Body Corporate Rates: $1,380 per quarter (approx.)
- Council rates: 1,380 per quarter (approx.)
- Rental Income: $940 pw increasing 4.5% in July 2015 to $982 pw

Additional feature/s - Garden.