Attractive rental of $26,952 per annual which is equal to 6.6% rental return. Also it has a chance to owner occupied after current lease expired on March 2028.
This apartment is perfectly located within the heart of Melbourne's CBD. With Flagstaff Gardens only 450m away, it is also a short stroll to Queen Victoria Market, Southbank's Crown Entertainment Centre, Bourke Street Mall. Etihad Stadium, The Arts Precinct and Docklands are also in walking distance. Your lifestyle abounds with the addition of quality retail shops, award-winning restaurants, bars, and cafes. There is a tram stop at your door and both Flagstaff and Southern Cross Stations are only minutes away.
Living delights include spacious lounge and dining with full windows, parquetry floors dominating the sleek stone kitchen which comes with stainless steel appliances, 2 well-sized bedrooms including the extra-bright main bedroom with BIR, deluxe rain shower bathroom, European laundry, ducted heating and cooling, additional wall heating, and secure entry with 24-hr building concierge.
Body corporate: $5,778/year.
Council rates: $1,564/year.
Water rates: $737/year.
Vendor says sell it, inspection a must. Call Stephen Shen on 0468 955 586 for more details or to arrange an inspection.
