503/181 A'Beckett Street, MELBOURNE, VIC, 3000

Move in yourself, or as a Blue Chip Investment Returning $20,857 (approx.) per year!

Sold

What makes this the perfect investment property? Rent: $400 per week GUARANTEED (+ CPI increase per annum) Rental Return: 9.0% (approx) Current Lease: 30/04/2021 Body Corporate Fees: $2800 per annum (approx.) Council Rates: $700 per annum (approx.) Water Rates: $1150 per annum (approx.) Internal Size: 21.5 SQM (approx.) External Size: 3.0 SQM (approx.) What this property has to offer: • Gym • Residents Lounge • Rooftop BBQ Area • Golf Driving Range • Bike Storage • 24-Hour Concierge The location is within walking distance to: • Melbourne Central Hoyts Cinema • State Library of Victoria • China Town • Melbourne Cafes and Restaurants • Queen Victoria Market (with Winter and Summer Night Markets) • Woolworths - Southern Cross Station, QV, Bourke Street • Coles - Spencer Street, Melbourne Central MEDIAN HOUSE OR UNIT PRICE FOR THE SUBURB: $340,000 INDICATIVE SELLING PRICE: $225,000 - $230,000 COMPARABLE SALE 1 : 605/181 A'Beckett Street, Melbourne. SOLD $220,000- 11/08/2017- 1 Bed, 1 Bath. COMPARABLE SALE 2: 806/181 A'Beckett Street, Melbourne. SOLD $220,000- 20/07/2017- 1 Bed, 1 Bath. COMPARABLE SALE 3: 209/181 A'Beckett Street, Melbourne. SOLD $220,000- 12/05/2017- 1 Bed, 1 Bath.

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