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: $640 per quarter (approx.)
Council Rates: $151 per quarter (approx.)
Water Rates: $162 per quarter (approx.)
Internal Size: 27sqm (approx.)
Total Size: 30.5sqm (approx.)
What this property has to offer:
Gym
Rooftop BBQ Area
Golf Driving Range
Bike Storage
Concierge Service
The location is within walking distance to:
Melbourne Central Hoyts Cinema
State Library of Victoria
China Town
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: $335,500
INDICATIVE SELLING PRICE: $240,000 – $245,000
COMPARABLE SALE 1: 1411/181 A’Beckett St MELBOURNE SOLD $235,000 05/03/2017 – Studio
COMPARABLE SALE 2: 2410/181 A’Beckett St MELBOURNE SOLD $230,000 06/02/2017 – Studio
COMPARABLE SALE 3: 2707/181 A’Beckett St MELBOURNE SOLD $240,000 30/11/2016 – Studio