101B/11-17 Cohen Place, Melbourne, VIC, 3000 - Apartment Sold on 25 02 2011

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Melbourne

SoldFeb 25, 2011

101B/11-17 Cohen Place, Melbourne, VIC, 3000

Amount undisclosed

Apartment

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Sold: Feb 25, 2011

What's around 101B/11-17 Cohen Place

A Hidden Treasure-over 7.5% NET on asking price

A beautifully presented one bedroom apartment located in the vibrant yet tranquil part of Chinatown with massive net rental return of 7%. Securely leased at approx $15180 pa net to Punt Hill Apartment Hotel with annual 3% rent increment. Tenant pays outgoings (Owner's Corporation and rates) Comprises open plan living area, compact and fully equipped kitchen with gas cook top, European bathroom with laundry facility, reverse cycle cooling and heating. Access to resort style lap pool and gym facilities; Concierge and security entry offers peace of mind. It's a hidden treasure, if you find it, grab it. CALL TODAY TO INSPECT!