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501/188 Peel St

North Melbourne VIC 3051

1
1
Apartment
Currently for sale - view listing

Overview

Blue Chips 11% Rental Return !!!

Are you unhappy of 3% low term deposit from Bank? Are you tired of looking for new tenant frequently? $180K same as you buy a car, but got massive 11% return, your own ATM. Walking distance to Queen Victoria Market, Melbourne University, RMIT, Melbourne Central, all shops, restaurants, and tram shop just in front of your door. This modern designed student apartment on level 5 features proper living/bedroom size, open plan kitchen with electrical stove and plenty of drawers, separate bathroom and shower, furnished with bed, study table, fridge and microwave. Airconditioning is a must, also have nice city views. The building features communal laundry, on-site management & security, internet access, key-card access. Current rental income is $370 per week, which equal to 11% rental return! Vendor says sell. For more information, please contact Stephen Shen on 0468 955

Features

1 bedroom
1 bathroom
Apartment

Property history for 501/188 Peel St

2022
Sold
Undisclosed
Private Sale/Treaty on 07 Jul 2022 by Stephen Shen, of Loyaland Real Estate
2018
Rented
Undisclosed
Leased on 07 Feb 2018 by Selling Melbourne Real Estate
2018
Rented
Undisclosed
Leased on 01 Jan 2018 by Selling Melbourne Real Estate

Happy sellers in North Melbourne

66%
66% of sellers in North Melbourne reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 14 reviews in North Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in North Melbourne

In the last 12 months, 76 one-bedroom apartments similar to 501/188 Peel St, have been sold.

This represents a 21% increase in one-bedroom apartments sales when compared to the previous 12 months.

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