With secure tenants in place until February 2016 this investment ticks all the boxes! Currently returning $1,195 per calendar month you will start enjoying the returns on this property from the moment you take ownership.

Features Include:
- Attractive layout with central bathroom and open plan kitchen/living
- Comes fully furnished, offering convenience to tenants and allowing you to achieve a top rent
- Corner, top floor, light a bright apartment with ideal Northwest aspect
- Offers a gross return of approx. 9.55%
- One of the larger layouts in the complex
- Extremely low vacancy rates with virtually no vacant days in the last 5 years.
- Beautiful red brick building (circa 1925) with high ceilings

Location is second to none, only a short walk to popular Smith and Gertrude St and close to RMIT, ACU and Melbourne Universities. You also have trams and buses right out front and Parliament railway station a short stroll away.

***Please note this accommodation is exclusive to student occupiers***

All of the above features ensure you will enjoy very low vacancy rates. This hassle free investment is a must inspect. Call Bob Budd to arrange a viewing 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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website: cityresidential.harcourts.com.au

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cityresidential.harcourts.com.au/Home/Buy/Due-diligence-checklist

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