Price Reduced $225,000
Returning $230pw and $11,960pa this studio apartment provides a low maintenance investment for someone trying to start or expand their property portfolio. Located in the blue chip suburb of South Yarra which has seen an average of a 314% price rise in the past ten years, this apartment is hard to overlook. The expense and hard work of finding a suitable tenant has been done for you with a 12 month lease not due to expire until June 2011. A charming 1930's building, double glazed windows and the Lawson Grove Shop only add to the worth and appeal of the property.