With secure tenants in place until February 2016 this investment ticks all the boxes! Currently returning $1,195 per calendar month you will start enjoying the returns on this property from the moment you take ownership.
Features Include:
- Attractive layout with central bathroom and open plan kitchen/living
- Comes fully furnished, offering convenience to tenants and allowing you to achieve a top rent
- Corner, top floor, light a bright apartment with ideal Northwest aspect
- Offers a gross return of approx. 9.55%
- One of the larger layouts in the complex
- Extremely low vacancy rates with virtually no vacant days in the last 5 years.
- Beautiful red brick building (circa 1925) with high ceilings
Location is second to none, only a short walk to popular Smith and Gertrude St and close to RMIT, ACU and Melbourne Universities. You also have trams and buses right out front and Parliament railway station a short stroll away.
***Please note this accommodation is exclusive to student occupiers***
All of the above features ensure you will enjoy very low vacancy rates. This hassle free investment is a must inspect. Call Bob Budd to arrange a viewing today.
Harcourts City Residential, your preferred Estate Agents, specialise in apartment sales & leasing, for in-depth information on Melbourne apartments and further information on the property you are viewing visit:
Information on outgoings: cityresidential.harcourts.com.au/Home/Buy/Outgoing-Summaries
our blog: harcourtscityresidential.wordpress.com
website: cityresidential.harcourts.com.au
Before you buy a home, you should be aware of a range of issues that may affect that property and impose restrictions or obligations on you, if you buy it. Harcourts City Residential suggests that all buyers read the due diligence checklist available on our website:
cityresidential.harcourts.com.au/Home/Buy/Due-
diligence-
checklist