505/591-593 Elizabeth St, Melbourne 3000
Larger than most and an 8.8% return
This one bedroom, one bathroom is set in the ideal location for students, situated close to Melbourne University and RMIT this modern bedsit style apartment has everything the inner city dweller could need.
Coming fully furnished and with air-conditioning this is the ideal home away from home in a modern building. Perfect for first home buyers or investors or as a alternative to renting while studying this apartment is priced right and has a current return of $340 per week/ $17,724 per year or a 9.4% return on investment. This together with ultra low outgoings and you have an envious rental investment.
Inside the apartment is well appointed with kitchenette, bathroom and balcony off the bedroom. A secure building it is serviced by a lift and also includes a laundry on the ground floor. The well maintained building has bicycle storage and an outdoor communal area.
Perfect for any buyer looking to enter the investment market or as a city pad this property is sure to be popular.
Extra features include:
• Robust return and little to no vacancy
• Fully furnished, move straight in
• Located just outside the CBD
• Close to public transport and universities
• Close to Queen Victoria market, Melbourne central and Lygon Street
• Secure building
Open For Inspection