An 8.6% return
A studio in a cosmopolitan St Kilda location to live in or where the last 10 lettings in the block have averaged $350 per week and at an asking of $210,000 that would equate to an 8.6% return, now that's not bad!
A standard type studio that has been updated ensuring increased future rents, first floor position, westerly orientation with car park. NB current month to month lease paying approx.$300 per week, the floorplan is indicative!
