An ideal option for those seeking to start or add to their property portfolio or perhaps introduce some diversity to their self-managed superfund, this studio apartment (only available to be leased to students), is set to deliver a superb yield and return a generous cash flow.
Securely leased until February 5th 2025, and returning $1,130.00 pcm. ($13,560.00 p/a), it will be sold with a separately titled parking space leased until February 18th 2025, with a return of $170 pcm ($2040.00 p/a)
Set among parklands, surprisingly generous spaces comprise a bedroom, living area, study nook, small kitchen and a bathroom. It is an ideal opportunity for students who would like the privacy of their own space while still being a part of a supportive community.
Residents enjoy access to common rooms, a communal laundry, the gym and pool and the free Uni courtesy bus passing the door.
The supermarket and popular dining and takeaway options of Polaris Shopping Centre are a short walk away, as is the 86 tram, ensuring residents are well connected to universities beyond nearby La Trobe and the CBD for work and play.
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