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414/238 Flinders Street

Melbourne VIC 3000

2
1
Apartment
Currently for sale - view listing

Overview

Priced to sell, Massive 15.3% Rental Return, Absolutely Unbelievable !!!

The tenant is sub-lease agent, they pay $380/week to landlord(they pay quite low to landlord now), but they leased out to 3 students separately at $720/week now, the lease until next 1st March 2025, so in the future you can lease out by yourself or another agent to get massive 15.3% rental return. Located opposite Flinders Train Station and only minutes from all shops, cafes and restaurants. Within walking distance to the RMIT and Victoria Uni. Not mention having the tram right on your doorstep!! This fantastic fully furnished apartment situated on the 4th floor, north facing, sunlight-filled approx 39 sqm. Comprised of 2 bedroom, the master with BIR and windows, open plan kitchen with gas cooking, fully furnished with bed, dining table, chairs, Fridge and microwave. Downstairs, the airconditioned games rooms featuring BIG TV, pool and table tennis tables and reading lounges are all available for your use at anytime. Body corporate: $3,046/year Council rate: $634/year Water rate: $594/year Hurry up! This property wouldn't be stay here for long. Call Stephen Shen on 0468 955 586

Features

2 bedrooms
1 bathroom
Apartment

Happy sellers in Melbourne

84%
84% of sellers in Melbourne reported that their sale price either exceeded or met their price expectations.

Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

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Local market activity for 2 bedroom apartments in Melbourne

In the last 12 months, 815 two-bedroom apartments similar to 414/238 Flinders Street, have been sold.

This represents a 9% increase in two-bedroom apartments sales when compared to the previous 12 months.

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