712 / 10 Bellerine Street
Geelong

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$495,000 - $545,000

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Superb R Hotel Apartment – Return 4.42% after management expenses

With views across the City to the Bay on Level 7 this apartment will impress. Setting a new standard for accommodation in Geelong the R Hotel offers quality modern living in this fully self contained apartment with complete furniture package. The R Hotel is becoming very popular and occupancy rates are rising all the time indicating increased returns in the future.
You can even use the apartment for your own needs with pre booking and you only have to pay the normal management fees. An attractive package all round. The return is calculated on the 11 month financial statement for 21/22 and assumes a purchase price of $545,000.
Equates to an average of $2,009.45 P.M or $500 PW after Management expenses.

• Open plan entertaining and living
• Private balcony with city and water views
• Modern Kitchen with European Appliances
• Large bedroom with spacious built in robes
• Stunning Bathroom with integrated Laundry
• Secure parking
• Full furniture and chattels package included

Contact Wilsons today to inspect.