7% Net Return and Low OC fees!!!

1 bedroom
1 bathroom
Sold $153,500

With secure tenants in place until February 2016 this investment ticks all the boxes! Currently returning $1,195 per calendar month you will start enjoying the returns on this property from the moment you take ownership.

Features Include:
Attractive layout with central bathroom and open plan kitchen/livingComes fully furnished, offering convenience to tenants and allowing you to achieve a top rentCorner, top floor, light a bright apartment with ideal Northwest aspectOffers a gross return of approx. 9.55%One of the larger layouts in the complexExtremely low vacancy rates with virtually no vacant days in the last 5 years.Beautiful red brick building (circa 1925) with high ceilings
Location is second to none, only a short walk to popular Smith and Gertrude St and close to RMIT, ACU and Melbourne Universities. You also have trams and buses right out front and Parliament railway station a short stroll away.

***Please note this accommodation is exclusive to student occupiers***

All of the above features ensure you will enjoy very low vacancy rates. This hassle free investment is a must inspect. Call Bob Budd to arrange a viewing today.


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


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


Harcourts City Residential is committed to maintaining the protection of the personal information it collects during the course of its business, as it is obliged to do under state and federal legislation. Please find a full copy of our privacy policy on our website: cityresidential.harcourts.com.au/Home/Contact-Us/Privacy-Policy


Amenities

Collingwood College
K-10
Collingwood College
Secondary School
11-12
Based on our available information, this property falls within the listed government school intake zones. Source: School intake zones for NSW government schools
Sophia Mundi Steiner School
Combined
K-12
Melbourne Grammar School
Combined
K-12
Melbourne Girls Grammar
Combined
K-12
Sacred Heart School
Primary
K-6
St Joseph's School
Primary
K-6
St John's School
Primary
K-6
Fitzroy Community School
Primary
K-6
Trinity Catholic School
Primary
K-6
Academy of Mary Immaculate
Secondary
7-12
Ozford College
Secondary
7-12
Ignatius Learning Centre
Secondary
7-12
Simonds Catholic College
Secondary
7-12
Melbourne Indigenous Transition School
Special
Special
River Nile School
Special
Special
St Joseph's Flexible Learning Centre
Special
Special
Hester Hornbrook Academy
Special
Special
Only non-government schools within a 3km radius of this property are listed. Source: Acara Australian Schools List

Location Map

Agents

Property Features

  • Unit style: Number of levels: 4
  • Property Type: Apartment
  • Property condition: Good

This property was sold by

Dionne Wilson
Director
Dionne Wilson
Director
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