Enjoy a central city location with this contemporary 1-bedroom/studio apartment representing excellent value for the shrewd investor. It is ideally positioned opposite transport and within easy walking distance to the Melbourne University, RMIT, Queen Victoria Markets and trendy Lygon Street eateries and cafs. Set on the first floor it offers an excellent chance for a top yielding, low risk investment opportunity that is ideal for any portfolio with current rental income of $1394 pcm.
This quality student accommodation features a compact layout with an open plan living/dining and a separate study nook complete with in-built book shelf. The galley style kitchen offers well-maintained appliances; there is a single bedroom with personal storage and a spacious bathroom offering modern fixtures and fittings. Additional features include heating, ceiling fans, a security entrance, lift access, 7 day reception and practical hotel style furnishings.
Boasting ideal communal spaces with a swimming pool, full gymnasium, barbeque area, tutorial rooms and a laundry, this apartment is the perfect prospect for those wanting immediate returns in a high growth market.