Priced to sell, and showing an outstanding return on investment is this opportunity of positive cash flow from settlement - a classic set and forget buy.
With a long term lease in place and managed by Student Housing Australia till February 2021 this studio apartment comes complete with kitchen, balcony, shared laundry, bathroom and car park.
Set in the heart of Hawthorn, and within walking distance to Glenferrie Train Station, trams, Swinburne University and the local cafes and shopping precinct, its a location that is second to none. Be quick and act now!
Rent - $999.00 per month for apartment
Car Park - $70 per month
Owners Corp Fee - $3515.00 per annum (approx)
Landlord Insurance - $299.00 per annum (approx)
Water Rates - $717.47 per annum (approx)
Council Rates - $779.00 per annum (approx)