Centrally located and within walking distance to the CBD, Victoria Markets and Universities, this studio apartment is an affordable investment with excellent return for any buyer. Current rental return $14,113.08p.a. or 8%p.a. with yearly CPI increase. This fully furnished apartment has an existing 5 year lease starting from 23th Sept 2012 with renewal options for 3 further terms of 5 year each.
Accommodation includes: studio bedroom, bathroom, living area, kitchenette and balcony with City Views.
Building features:
elevator, tram stop directly outside, resident manager, guest laundry (coin operated), luggage storage, security entry/foyer, CCTV security, tour desk, conference room, courtyard, bicycle dedicated storage and WiFi.
This is your opportunity to purchase a brilliant investment right in the city!!