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814/238 Flinders Street

Melbourne VIC 3000

1
1
39 m²
Apartment
Currently for sale - view listing

Overview

Massive 14% Rental Return, Absolutely Unbelievable !!!

Three tenants totally pay $700/week which is equal to 14% rental return, it's real cash machine, don't miss it out. The tenant is sublease company, they paid landlord 380/week, the lease until 1st Nov 2025, then they put temporary partition in living area, then lease out to 3 separate tenants who paid $250, $225 and $225 per room, so totally $700/week. 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 8th floor, north facing, sunlight-filled approx 39 sqm. Comprised of 1 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: $3,459/year Council rate: $643/year Water rate: $650/year Hurry up! This property wouldn't be stay here for long. Call Stephen Shen on 0468 955 586

Features

1 bedroom
1 bathroom
39 m² floor area
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.

This is based on voluntary sentiment collected from 134 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 589 one-bedroom apartments similar to 814/238 Flinders Street, have been sold.

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

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