This 2nd floor, corner-positioned apartment (student accommodation) is a great opportunity for the savvy investor. The current lease agreement, valid until February 2013, yields an exceptional 8% investment return of $200 per week. Fully furnished, the near new apartment attracts a frequent flow of student tenants keen on making the most of the vied for location walking distance from Box Hill TAFE, Box Hill Hospital, and Box Hill Centro. The spacious living/sleeping area offers storage and kitchen facilities, and is serviced by an immaculate bathroom and private balcony. This is a chance not to be missed!
