Perfect for the self managed superfund this property represents a yield of 8.35% based on a sale price of just $155,000
The property features a full sized kitchen , bed and study area as well as a separate bathroom. Laundry facilities are within the building for tenant convenience.
What this studio lacks in size it makes up for in location. The longstanding tenant loves the proximity to the CBD, Melbourne University and popular Lygon Street.
The same tenant has been in occupation since April 2013, currently they are on a monthly lease returning $12,996 per annum.
For an appointment and private viewing please Call Adam Caruso on 0416102725.
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