In a simply stunning location surrounded by some of Melbourne's best attractions including the Queen Victoria Market, Lygon Street, and Melbourne Central, this studio apartment is a brilliant investment in the safe and secure NRAS Mercure complex.
Sure to be highly sought-after by tenants studying at nearby University of Melbourne or RMIT University, or city dwellers simply looking to be close to the action, this 12th floor pad offers a healthy $14,304 per year in rental returns as well as terrific NRAS incentives of approx $10,000* per year. This means you get a super high yield of
approx 12.15% gross, making this a truly appealing investment prospect for many.
The accommodation itself consists of a sizeable living/meals and sleeping quarters, kitchen complete with stone benchtops and Nobel appliances, stylish bathroom, mirrored built-in robes, reverse cycle heating and cooling, and a flat screen Hisense TV.
This apartment is truly in the thick of it just moments to an array of CBD cafes, restaurants, bars, and shopping, State Library of Victoria, Melbourne City Baths, Flagstaff Gardens, Carlton Gardens, Royal Exhibition Building, trams, and Melbourne Central Train Station.
* for clarification and more info on NRAS please see the link below
http://www.realestate.com.au/blog/what-is-the-national-rental-affordability-scheme/
