Perfect Investment Opportunity in Near-CBD Location!

What makes this the perfect investment property?

Rent: $310 per week with minimal gaps in rent between each tenant

Rental Return: 8.9% (approx.)
Current Lease Expiries: February 2017

Body Corporate Fees: $480 per quarter (approx.)

Council Rates: $280 per quarter (approx.)

Water Rates: $160 per quarter (approx.)

Internal Size: 22 sqm (approx.)

The location is within walking distance to:

• The University of Melbourne
• Melbourne Central Station

• Royal Melbourne Institute of Technology, City Campus

• Lincoln Square
• Carlton Gardens

• Lygon Street for excellent restaurants and cafes
• Tram Stops at the door step

The location is within close proximity to:
• China Town
• Edinburgh Gardens

• Queen Victoria Market (with Winter and Summer Night Markets)
Woolworths Southern Cross Station, QV, Bourke Street

• Coles Spencer Street, Melbourne Central
• Queen Victoria Market
• The Melbourne Zoo

Have one to sell? Get a FREE APPRAISAL!

Contact Detail

Jason Lien

Jason Lien

P: 03 9697 8888


M: 0466 445 269

Email Agent

RE: Property ID: 3075751

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1202/131 Pelham Street