Ideal first time investment with guaranteed long term income from this first floor serviced studio apartment with a off street car park on title.
The long term tenant also pays some outgoings (body corp,insurance,water and electricity usage and insurance) further enhancing your ‘no hassle’ return.
Quietly and ideally located in desirable tree lined Redan Street within a short stroll to Chapel Street, Fitzroy Street and abundant public transport
This unit is on a long-term leaseback scheme; the current lease is coming to an end in January 2011 and there are 3 further 5 year options.
Possibly the cheapest way to increase, or begin your investment portfolio in St Kilda so act quickly!
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