Move in or keep as Blue Chip Investment returning $20,340 (approx.) Per Year!
What makes this the perfect investment property?
Rent: $390 per week GUARANTEED (+ CPI increase per annum)
Gross Rental Return: 8.4% (approx.)
Body Corporate Fees: $750 per quarter (approx.)
Council Rates: $150 per quarter (approx.)
Water Rates: $160 per quarter (approx.)
Internal Size: 27sqm (approx.)
External Size: 3.5sqm (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: $240,000 - $250,000
COMPARABLE SALE 1: 312/60 Market Street, Melbourne. SOLD $250,000 24/05/2018- 1 Bed, 1 Bath, 0 Car.
COMPARABLE SALE 2: 2806/181 A'Beckett Street, Melbourne. SOLD $236,800 16/05/2018- 1 Bed, 1 Bath, 0 Car.
COMPARABLE SALE 3: 912/60 Market Street, Melbourne. SOLD $249,000 24/02/2018- 1 Bed, 1 Bath, 0 Car.