501/188 Peel St, North Melbourne, VIC, 3051

For Sale

501/188 Peel St, North Melbourne, VIC, 3051

Apartment

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7 days on the market

View agent price guide

Inspection times

Inspections are by appointment only.

What's around 501/188 Peel St

Blue Chips 11% Rental Return !!!

Are you unhappy of 3% low term deposit from Bank? Are you tired of looking for new tenant frequently? $180K same as you buy a car, but got massive 11% 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. The building features communal laundry, on-site management & security, internet access, key-card access. Current rental income is $370 per week, which equal to 11% rental return! Vendor says sell. For more information, please contact Stephen Shen on 0468 955