Move In or keep as a First Class Investment Option with Gross Return of $25,900.00 (approx.) Per Year!
What makes this the perfect investment property?
Rent: $496 per week GUARANTEED (+ CPI increase per annum)
Rental Return: 8% (approx.)
Current Lease: Options to 5 + 5 year lease (with the option to owner occupy)
Body Corporate Fees: $850 per quarter (approx.)
Council Rates: $315 per quarter (approx.)
Water Rates: $270 per quarter (approx.)
Internal Size: 39.8 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
Coles - Spencer Street, Melbourne Central
MEDIAN HOUSE OR UNIT PRICE FOR THE SUBURB: $340,000
INDICATIVE SELLING PRICE: $315,000-$330,000
COMPARABLE SALE 1: 708/181 A'Beckett Street, Melbourne. SOLD $310,000- 09/06/2017- 1 Bed, 1 Bath.
COMPARABLE SALE 2: 212/181 A'Beckett Street, Melbourne. SOLD $332,000- 14/09/2017- 1 Bed, 1 Bath.
COMPARABLE SALE 3: 2612/181 A'Beckett Street, Melbourne. SOLD $325,000- 22/08/2017- 1 Bed, 1 Bath.