Art Deco - 7.35% RETURN!

1 bedroom
1 bathroom
32m² approx floor area
Sold $222,500

This stunning Art Deco building boasts the charm of yester year with high ceilings, unique full height windows and it's striking facade. This apartment is a renovator ready for you to add-value.

Comprising of carpeted entry hall leading to a comprehensive kitchen with full cook top, oven, ample cupboards and bench space with breakfast bar perfect for casual dining. The kitchen overlooks the open plan living/bedroom area with its high ceilings and full height heritage windows, the bathroom is a generous size and neatly hides the laundry which includes the washing machine and has some clever storage solutions built in.

Currently on a secure lease until Feb 2015 and returning $1,347pcm ($16,164pa) that's a 7% return! Do not delay this could be the perfect stop and stay for your weekends in Melbourne or a fantastic investment with high returns and scope to add-value.

This rare find brings lifestyle ease for city pad owner-occupiers or investors equally.


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
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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

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Amenities

Docklands Primary School
Primary School
K-6
University High School
Secondary School
7-12
Based on our available information, this property falls within the listed government school intake zones.
Melbourne Grammar School
Combined
K-12
Galilee Regional Catholic Primary School
Primary
K-6
Sacred Heart School
Primary
K-6
St Joseph's School
Primary
K-6
Ozford College
Secondary
7-12
Simonds Catholic College
Secondary
7-12
Academy of Mary Immaculate
Secondary
7-12
Youth2Industry College
Secondary
7-12
Hester Hornbrook Academy
Special
Special
River Nile School
Special
Special
St Joseph's Flexible Learning Centre
Special
Special
Only non-government schools within a 3km radius of this property are listed. Source: Acara Australian Schools List
Regional Trainses
621
NSW Trainlink Train
621
622
NSW Trainlink Train
622
623
NSW Trainlink Train
623
624
NSW Trainlink Train
624
Selected routes with a boarding point within approximately 1km of this property are listed. Source: TfNSW Timetables

Location Map

Agents

Property Information

  • Floor area approx 32sqm

Property Features

  • Intercom
  • Flooring: Carpet
  • Unit style: Highrise
  • Property Type: Apartment
  • Property condition: Good
Building Profile

The Madison

Plan Number
PS325394N
Year Built
1930
Apartments in Complex
53
Apartments in Block
53
Council
City of Melbourne
Owners Corporation
Highrise Strata Management Level 4, 150 Albert Road, South Melbourne, VIC 3205
1300 444 474
ar@highrisestrata.com.au
Learn more about The Madison

This property was sold by

Dionne Wilson
Director
Dionne Wilson
Director
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