It's all about the numbers - 8.4% return

1 bedroom
1 bathroom
Sold $189,000

The numbers add up and with an excellent return (8.4% return approx) this great little investment works as fantastic lock and leave for a regularly 'in town' professional or to bring in that high return for the investor. The studio is as new and comprises bed, desk, cupboards, draws & a small table setting, functional kitchenette including microwave and fridge, the bathroom is fresh and clean comprising toilet, shower and vanity.The building is secured and contains lift access it also features a communal roof top terrace, a basement gym and coin operated laundry. The apartment is currently leased until July 10 and the rent is $1334.00pcm ($16,008 per annum).

Harcourts City Residential, your preferred Estate Agents, specialise in apartment sales & leasing, for in-depth information on Melbourne apartments for sale and other inner city apartment blocks we specialise in visit: our blog http://harcourtscityresidential.wordpress.com
website www.ci tyresidential.harcourts.com.au or contact Sarah Witty on 0433 397 288 or email at sarah.witty@harcourts.com.au

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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
Melbourne Girls Grammar
Combined
K-12
Melbourne Grammar School
Combined
K-12
Sacred Heart School
Primary
K-6
Galilee Regional Catholic Primary School
Primary
K-6
St Joseph's School
Primary
K-6
Christ Church Grammar 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
Ignatius Learning Centre
Secondary
7-12
Hester Hornbrook Academy
Special
Special
River Nile School
Special
Special
St Joseph's Flexible Learning Centre
Special
Special
Melbourne Indigenous Transition School
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

  • Intercom
  • Public Transport: Close by

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