Perfect Investment Option-Student Accommodation opposite Melbourne Univerity with a positive cash-flow-Approx. 10.4% Gross return.
-This one bedroom apartment is located in College Square directly opposite Melbourne University. This furnished apartment has a double bedroom, kitchen, study and bathroom.
It is currently leased by UniLodge for $1729pcm. /$397 per week/ $20748pa
-Smart layout, with separate study area equipped with desks & chairs
-Generous living area
-Kitchen with gas cook top
-Securely tenanted until February next year
-Returning $1729 PCM
-Pristine bathroom
-24 Security on-site
-Great Facilities including gym, lap-pool, common study, entertainment areas & much more
-Comes partly furnished
-Managed onsite by the UniLodge ensuring great service and low vacancy rates
-Public transport
-Close to shops, cafes, restaurants with Lygon street just around the corner
-10 minute walk to the CBD
-Melbourne University & RMIT both on your doorstep
-43SQM in size approx.
Outgoings: Admin fee: $1021.10 per quarter
Maintenance: $316.51 per half year
FFE Fund: $88.80 per quarter
Water Rates: $650 per annum
Council Rates: $551.41 per annum
Disclaimer: College House Management PTY LTD T/A UniLodge Realty
Call Graham 0447 822 212 for inspection or further information.
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