A Studied Investment
An excellent rental return of approx 6.3% and the cosmopolitan vibe of its Prahran location accentuate the desirability of this one bedroom student apartment as an ongoing investment.
Currently tenanted until 29/01/2014 for $10,950 per annum, the apartment is fully furnished providing furniture and basic kitchen needs, wall heater, bedroom BIR and benefits from an east facing balcony.
This as-new, well serviced block of student accommodation apartments has a lift and a communal laundry and is within walking distance of Swinburne Prahran Campus and Prahran Station, just three stations from the CBD.
Further local attractions for student residents include the Prahran Market and an abundance of cafes and retail outlets along Greville and Chapel Streets and city access via tram. An astute proposition for the entry level investor.
* Good rental return
* Excellent location
* Low risk and maintenance
* Close to Swinburne Prahran Campus
Terms: 10% deposit, balance 30/60 days
Land: Strata Title 翻譯中文