Could this be the positively geared property you have been looking for? After your initial deposit, this property will pay for itself and provide money left over at the end of each financial year for you to put towards your next investment property.
If you are looking for an investment property that will not completely cramp your lifestyle, is located in a blue chip location, is always rented and most definitely will appreciate in value, then check this property out.
* Large studio style one bedroom apartment
* There is room for a king size bed including built-in
* Modern gas kitchen including dishwasher
* Adjoining dining and comfortable living areas
* Large balcony with tranquil courtyard aspect
* Spacious separate bathroom with shower
* Separate Euro laundry, split system and air-conditioning
* Secure intercom entry to the building
* Communal courtyard with BBQ facilities
* Only a two minute walk to the Lygon Street tram and ten minute tram ride into the CBD.
Rent: $300.00 per week
Strata: $1,914.32
City West Water: $211.52
Size: 39 square metres including the balcony