Incredible Investment Opportunity 7% NET return!

1 bedroom
1 bathroom
Sold $122,000

Incredible Investment Opportunity 7% NET return!
Be quick to snap up this superb investment in a stunning location!

Perfectly Located minutes away from Melbourne University, RMIT, Melbourne CBD and Victoria Market and with public transport right out front this Secure and smart STUDIO apartment is a perfect property for the astute investor.

It comprises of open plan studio with self-contained bathroom and kitchenette.

Current Rental is $ 230/ per week or $12,000 per annum with CPI Increases.

The numbers:
OC Fees: $2,572.10 .per annum.
Water Rates: $649 per annum.
Council Rates: $387.73

This property will be an ideal addition t to your self-managed super fund.

Inspection as per advertised or by appointment.

Please note the images are for indicative purposes only

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

Carlton Gardens 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. Source: School intake zones for NSW government schools
St Michael's Primary School
Primary
K-6
Sacred Heart School
Primary
K-6
St Joseph's School
Primary
K-6
Fitzroy Community School
Primary
K-6
St John's School
Primary
K-6
Ozford College
Secondary
7-12
Simonds Catholic College
Secondary
7-12
Academy of Mary Immaculate
Secondary
7-12
St Aloysius College
Secondary
7-12
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: Highrise
  • Property Type: Apartment
  • Property condition: Good

This property was sold by

Dionne Wilson
Director
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