703/591-593 Elizabeth St, Melbourne VIC 3000
$157,000
Park Your Money Here!!
Fantastic rental return of $16,164 per year coupled with low outgoings make this an exceptional investment opportunity.
Located close to Melbourne university and RMIT this modern 1 bed apartment comes fully furnished
In exceptional condition and with air-conditioning this is the ideal home away from home in a quality and popular 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 $310 per week or a 9% return on investment.
This Robust investment property has a lease until 2021 and with basically no vacancy in the last 10 years this is ideal for investors looking at a high return property.
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
• This property is student accommodation only
Agents
0404099310