UNDER CONTRACT📍 Apartment 31, 7 Feehan Ave, Moonee Ponds VIC Purpose-Built Investment | Long-Term Lease | No Owner Occupation 💼 This is an investment-only property – not for owner-occupiers. Securely leased to Quest Apartment Hotels until March 2026, with a further 6 x 5-year options, this fully refurbished 2-bedroom apartment delivers strong returns, low maintenance, and a true set-and-forget investment. 🔹 At a Glance $688 per week rent ($35,770 p.a.) 2 Bedrooms | 2 Bathrooms | Balcony | Carpark on Title Spacious 89.2m² internal + outdoor terrace Fully refurbished kitchens & bathrooms – no upgrade costs 🏙 Location Highlights Directly opposite the $2B Moonee Valley Racecourse redevelopment Secure boutique complex with pool, BBQ area, conference facilities 8km to Melbourne CBD, close to Essendon Airport, public transport & Puckle Street dining precinct 📅 Lease Details Current lease to: 04 March 2026 Options: 6 x 5-year lease renewals Next market rent review: March 2026 Annual CPI increases: 2027–2030 Following market review: March 2031 💰 Outgoings (Approx. Annual) Council Rates: $1,001.85 Water Rates: $580 Body Corp Sinking Fund: $3,032 (Admin fee paid by tenant) 📩 INVESTOR PACK AVAILABLE Includes: Contract of Sale, Lease Details, Title, Floorplan & Statement of Information. 📞 Contact: Stellar Brokers For more information or to request documents, please get in touch.
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