Impressive Investment Opportunity
Newly completed building over four levels comprising 12 well designed apartments with a total expected rental income in the order of $220,000 per annum.
Prime location is in the vicinity of Queen Victoria Market, and only a short distance to Melbourne University and the CBD.
Finished and designed to be the best apartments of their kind now available in Melbourne, each apartment comes furnished with dishwasher, air conditioning, LCD TV and private balconies. Many with a great outlook over the Citys skyline.
Ideal long term investment, the building is in a precinct where high occupancy levels are assured.
In an economic environment where further interest rate reductions are predicted, this is a great opportunity to acquire a new building with an anticipated rental return of around 6.8% (gr) per annum.
Combined with substantial depreciation allowances this presents an opportunity not to be missed.
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