418/139 Lonsdale St, Melbourne, VIC, 3000 - Apartment Sold on 31 01 2017

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Melbourne

SoldJan 31, 2017

418/139 Lonsdale St, Melbourne, VIC, 3000

Amount undisclosed

Apartment

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30+ days on the market

Sold: Jan 31, 2017

What's around 418/139 Lonsdale St

ENDLESS EARNING POTENTIAL IN A COMMANDING LOCATION

Positioned on the highly sought after Lonsdale St location is this rare 2 bedroom cash flow apartment. Currently leased at a $1804 per month, this apartment ticks all the boxes for a safe investment. With the high demand of short term accomodation in the CBD, this apartment has endless earning potential for the savvy investor looking to capitalise on the short term rental market with returns up to $800 per week. The building is owner-occupier friendly and will also suit those searching for an inner CBD get away pad. The 2 rooms has potential to be converted into 1 large bedroom creating additional space in the dining and living area. Buy with confidence in a premium location, this apartment is only moments away from everything Melbourne CBD has to offer: - China Town - Universities Melbourne Uni/RMIT/VIC Uni Melbourne CBD, Melbourne Central Shopping Central, QV - An endless selection of shops, cafes restaurants - Public transport with trams and Melbourne Central train station within walking distance The apartment features: - 2 bedrooms with cupboards - Spacious bathroom - Light filled lounge room with balcony facing busy Lonsdale St - Split system heating/cooling - Secure intercom access - Low maintenance kitchen with electric cook top - Private balcony - Property will be sold with all furnishings - **LOW BODY CORPORATE FEES** This cash flow property has low vacancy attracting both students and business professionals on the general rental market and being in the location it is also attracts for short term rental potential.