Move in yourself, or as a Blue Chip Investment Returning $19,553 (approx.) per year!
Rent: $375 per week GUARANTEED (+ CPI increase per annum)
Rental Return: 8.8% (approx)
Current Lease: 30/04/2019 (with 5 + 5 year options available)
Body Corporate Fees: $650 per quarter (approx.)
Council Rates: $178 per quarter (approx.)
Water Rates: $220 per quarter (approx.)
Internal Size: 21.5 SQM (approx.)
What this property has to offer:
Rooftop BBQ Area
Golf Driving Range
The location is within walking distance to:
Melbourne Central Hoyts Cinema
State Library of Victoria
Melbourne Cafes and Restaurants
Queen Victoria Market (with Winter and Summer Night Markets)
Woolworths - Southern Cross Station, QV, Bourke Street
ColesSpencer Street, Melbourne Central
MEDIAN HOUSE OR UNIT PRICE FOR THE SUBURB: $338,000
INDICATIVE SELLING PRICE: $219,000 - $221,000
COMPARABLE SALE 1 : 902/181 A'Beckett Street, Melbourne. SOLD $213,000- 17/01/2017- 1 Bed, 1 Bath.
COMPARABLE SALE 2: 905/181 A'Beckett Street, Melbourne. SOLD $215,000- 30/09/2017- 1 Bed, 1 Bath.
COMPARABLE SALE 3: 1206/181 A'Beckett Street, Melbourne. SOLD $230,000- 19/08/2016- 1 Bed, 1 Bath.