Are you unhappy of 1% low term deposit from Bank?
Are you tired of looking for new tenant frequently?
$155K same as you buy a car, but got massive 9.3% return, your own ATM.
Walking distance to Queen Victoria Market, Melbourne University, RMIT, Melbourne Central, all shops, restaurants, and tram shop just in front of your door.
This modern designed student apartment on level 5 features proper living/bedroom size, open plan kitchen with electrical stove and plenty of drawers, separate bathroom and shower, furnished with bed, study table, fridge and microwave. Airconditioning is a must, also have nice city views.
Current rental income is $270 per week, which equal to 8.5% rental return! $300/week before the Covid-19, perfectly suitable to initial investors or investment by personal superannuation fund.
The building features communal laundry, on-site management & security, internet access, key-card access.
Body corporate: $2,533, Council rates: $403, Water rates: $563
Vendor says sell. For more information, please contact Stephen Shen on 0468 955 586.
