-Located in the Punthill Serviced Apartments on Flinders Lane.
-Current rental returns of $1573 per month, adjusted based on CPI.
-Rental investment return on the property is 8% approximately
-Fixed lease agreement in place until March 2032.
-Property also comes with a rare secure car space on title.
-You have the energetic Degraves Street at your doorstep.
-Also close to Arts Precinct attractions and Flinders Street Station.
Located in the Punthill Serviced Apartments on Flinders Lane which truly offers you one of the best locations just steps to the city's premier restaurants, bars, and boutique shops, this fully-furnished 1 bedroom apartment is an investment you need to take seriously!
Whether you're starting your investment journey or are wanting to hop aboard the train for the first time, this property is your perfect match. The current rental returns of this dwelling equate to $1573 which is adjusted for CPI, with the rental investment return coming in approximately 8%. The property also has a fixed lease agreement in place until March 2032.
The apartment itself is modern and immaculate, and comes with relaxed living/meals, functional kitchen with cooktop, fridge, and microwave included, spacious and open plan bedroom with mirrored built-in robe, stylish bathroom, heating and cooling, and secure intercom entry.
You have the lively Degraves Street at your doorstep which gives you an abundance of options for weekend dinners and quick weekday coffees. You're also so close to Federation Square, Bourke Street Mall, Birrarung Marr, Melbourne's Arts and Cultural attractions including Hamer Hall and The Arts Centre, free trams, and Flinders Street Station.
*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.
