306 / 591-593 Elizabeth Street, Melbourne VIC 3000

STUDENT ACCOMMODATION A rare opportunity exists to purchase a cash flow positive investment property. We have a serious vendor, who has indicated they will sell at market value. This student accommodation is positioned virtually overlooking Melbourne University and boasts an absolute minimum vacancy rate. Gross Income $9912 Outgoings $3430 Council Rate $784 Water Rates $613 Net return. $6482.00 If you would like to invest, with absolute minimum risk and not be concerned about monthly repayments, then look at this property.