Welcome to 570 Lygon St one of Melbourne’s most popular investment complex’s.
Situated on Lygon St in the popular Carlton suburb this functional two bedroom apartment is located within walking distance of Melbourne University and has public transport on your doorstep. It has an abundance of facilities, including swimming pool, gym, sauna, Cafe, BBQ area, basketball court and common movie/gaming lounge. This fully furnished, securely tenanted property makes the perfect hassle-free investment where you can be sure you will never be short of a tenant.
Apartment Features:
- Two bedrooms
- Comes fully furnished
- 55m2 of internal space
- Comes with secure carpark
- Suits investors OR owner occupiers
- Light, bright and in great condition
Financials:
Securely tenanted until Feb 2016 returns $1847pcm
The carpark (leased separately) returns $100pcm
Total income: 1947 per calendar month ($23,364 per annum)
What makes this complex so popular with investors is that the apartment is not exclusively let to students, meaning that most banks are happy to lend on these apartments, the sizes are great and most importantly the returns are fantastic.
This could be a perfect match for an astute investor or for an owner occupier looking to take advantage of the fantastic location and all the features this apartment has to offer. Don’t delay, the last apartment I sold in the complex sold in 8 days. Call Bob Budd to arrange an inspection today.
Harcourts City Residential, your preferred Estate Agents, specialise in apartment sales & leasing, for in-depth information on Melbourne apartments and further information on the property you are viewing visit:
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Before you buy a home, you should be aware of a range of issues that may affect that property and impose restrictions or obligations on you, if you buy it. Harcourts City Residential suggests that all buyers read the due diligence checklist available on our website:
cityresidential.harcourts.com.au/Home/Buy/Due-diligence-checklist
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