Exceptional opportunity, Metropole Apartments with low entry for only $180,000.
Long lease this studio apartment has a rental of $9,616 p.a. Approx 5% return.
As an investor please note, long lease, continuous rent all year, no vacancy, no agents fees, no council rates, no water rates, no insurance, no general maintenance costs - all paid by Metropole Management Group. One of Melbourne's most secure property investment opportunities - this fully serviced apartment in the Melbourne Metropole Central Apartments complex is perfectly suited for investors and S.M.S.F. Reliable income stream that is free of vacancies with the ongoing lease including annual CPI rent increases and rent reviews.
Located at the doorstep of the CBD and tram at the front door. Walk around the corner to Fitzroy's famous cafe strips, Lygon Street, MCG and hospitals such as St Vincent's, The Royal Victorian Eye and Ear, Epworth Freemason, just to name a few. Continuous rent $9,291p.a. With an approx.5% return.
