Fantastic investment in the heart of University Precinct! Attractive $19,512 rental income per annum!
Currently leased securely as student accommodation at a gross rental income of $19,512 per annum, this smart apartment comes fully furnished and low in maintenance.
This "set and forget" smart apartment is ideal for those looking for an entry level investment or to be added to your self-managed superannuation funds. It can be owner occupied providing you are a student.
Instantly inviting, discover a partially enclosed bedroom and spacious, completely furnished living with full-size windows offering natural light and commanding neighbourhood views, never to be built out. Enjoy the convenience of a large integrated desk, ample storage, private bathroom, ceiling fan, electric heating, and a gas kitchen with stovetop and microwave oven. First-rate shared facilities include an entertainers' terrace with BBQ, swimming pool, residents' lounge with cable TV, table tennis, fully equipped gym, laundry room, dedicated study spaces/meeting rooms, and 24 hour support providing peace-of-mind.
Showcasing a safe and secure environment with CCTV, purchase a lucrative asset and the certainty of a passive income stream. This is the low-vacancy, low-maintenance opportunity you've been waiting for!
Features: Gym, outdoor swimming pool, table tennis, communal laundry, study & leisure lounge, badminton court, 24 hour reception
MEDIAN HOUSE OR UNIT PRICE FOR THE SUBURB: $551,000
INDICATIVE SELLING PRICE: $220,000 - $240,000
COMPARABLE SALE 1: 810/22 Orr Street, Carlton. SOLD $232,000 - 28-02-2018 - Bed 1, Bath 1, Car 0
COMPARABLE SALE 2: 242/800 Swanston Street, Carlton. SOLD $230,000 - 24-10-2017 - Bed 1, Bath 1, Car 0
COMPARABLE SALE 3: 345/800 Swanston Street, Carlton. SOLD $260,000 - 13-12-2017 - Bed 1, Bath 1, Car 0