BUDGET PRICE FOR THE INVESTOR (8%/approx nett return pa) OR OWNER OCCUPIER
A central location within a stroll to Lygon Street cafes, RMIT, Queen Vic Market and the city centre confirms all the fabulous lifestyle advantages of this well presented 1-bedroom apartment. Currently rented for $425/week until 31/5/26. Representing a rare investment opportunity with city skyline views, it offers an excellent first home opportunity or a great investment with solid growth and rental prospects.
The modern open plan lounge and dining area with floorboards throughout every room is flooded in natural light and boasts reverse cycle air conditioning. A cleverly integrated kitchen is equipped with quality stainless steel appliances. The spacious bedroom includes built-in wardrobes and a personal ensuite with attractive fittings.
The residence provides peace of mind with security entrance, lift access, seven-day reception, an onsite caretaker, plus amenities including common room facilities, bike storage, communal laundry, courtyard and barbeque. It is also comes fully furnished, to offer an attractive proposition to investors and owner-occupiers.
Body corporate Fee is $3,096.74 per annum
Council Rate is $508.10 per annum
Water Rate is $1,049.76 per annum
Property Code: 642
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