Camberwell's Cutest only $135,000!
A rare opportunity exists to purchase a cash flow positive investment property in this tightly held building, leased at $913 pcm, returning approx 8%.
Positioned just behind Burwood shopping strip, with tram route 75 along Toorak Road to Burwood train station & to CBD, and bus to Chadstone & Box Hill. Walk to Deakin Uni.
Fully furnished, this well maintained first floor student accommodation apartment has benefit of being adjacent rooftop courtyard. It features secure intercom entry, internet provision, external storage cupboard, 2 common garden areas and communal laundry. Car parking available for occupants at their choosing at a monthly rent.
A boutique building of just 32 units, the high occupancy rate is testament to students appreciation of this excellent location.
Inspection by appointment only. Photo ID required.