8% Net Return Sound Appealing?

1 bedroom
1 bathroom
31m² approx floor area
Sold $186,050

Offering some of the best returns I've ever seen this opportunity will be snapped up quickly!

INVESTORS ONLY!

Currently rented at $1270 per month and increasing by 3% per year with no vacancy time. Securely tenanted till 2016 with a further 2 x 5 year options. The only outgoings are $763 for Council Rates!

The prime inner city location, outstanding amenities and quality appointed rooms make it a first choice for people visiting Melbourne and for the same reasons it's the intelligent choice for people looking for a high yet secure return.

Please note: This property is a serviced apartment it can't be owner occupied and so is suitable for investors only (not for first home buyers or owner occupiers).
Inspections are by private appointment. Please call or email for further information.

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 http://cityresidential.harcourts.com.au/Home/Buy/Outgoing-Summaries/26684

our blog http://harcourtscityresidential.wordpress.com/

website www.cityresidential.harcourts.com.au


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 Grammar School
Combined
K-12
Fitzroy Community School
Primary
K-6
St John's School
Primary
K-6
Sacred Heart School
Primary
K-6
Galilee Regional Catholic Primary School
Primary
K-6
St Joseph's School
Primary
K-6
St Michael's Primary School
Primary
K-6
Ignatius Learning Centre
Secondary
7-12
Youth2Industry College
Secondary
7-12
Ozford College
Secondary
7-12
Academy of Mary Immaculate
Secondary
7-12
Simonds Catholic College
Secondary
7-12
St Aloysius College
Secondary
7-12
Melbourne Indigenous Transition School
Special
Special
Hester Hornbrook Academy
Special
Special
St Joseph's Flexible Learning Centre
Special
Special
River Nile 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 Information

  • Floor area approx 31sqm

Property Features

  • Property Type: Apartment
  • Unit style: Highrise
  • Flooring: Carpet
  • Window coverings: Drapes

This property was sold by

Dionne Wilson
Director
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