OPEN FOR INSPECTION THIS SATURDAY 16TH JANUARY – 2:00-2:30PM OR BY APPOINTMENT.

ONE OF THE HIGHEST INVESTMENT RETURNS AVAILABLE IN THE CITY!!

Just a minutes walk to RMIT, Melbourne Uni and the City is this trendy, architecturally designed student apartment opposite Lincoln Square in Bouverie Street, Carlton and ready to move into straight away!

Designed by award winning architects, Rothe Lowman, this bright, spacious and practical 26 sqm studio offers you room to move, a large balcony stretching the entire length of the apartment, a formal entry and a picturesque view overlooking Lincoln Square Gardens just across the street.

Fully furnished and situated on the 4th level in the ??Degree Apartments??, with a bright easterly aspect, this apartment enables you to be close to all the restaurants, cafes and bars of ritzy Lygon Street while still been in easy walking distance to Melbourne Central, QV Shopping Village, The State Library, China Town and many other amenities that this ever exciting City of ours has to offer.

Keeping students specifically in mind, they have been designed for the three most important factors a student needs such as a contemporary design, convenience and great central location. Just a minutes walk to either RMIT or Melbourne Uni Campuses, the convenience of a combined caf/restaurant downstairs in the foyer (open to the general public as well), an ultra high tech internal / external 24 hour security system, a common study / relaxation area, not to mention the beautiful Lincoln Square Gardens across the street where plenty of studying and trains of thought have been conducted on warm sunny days relaxing under the shade of a tree!

Other features include a formal entry into the apartment, a fully equipped kitchenette, a communal laundry with washer/dryer facilities, a good size bathroom and air conditioning ?? prefect for the modern student! This apartment is leased until 5th February with vacant possession available as of then (in other words, that??s when you can move in if you want – no problem!)

Now for the investors this is am absolute gold mine! $1409 per calendar month is a very healthy rental ($16,908pa) and this is what this apartment is currently achieving in rental income which equates into a whopping 9.3% gross return and a 7.7% net return (try getting that at the bank) and outgoings around $2900 pa all inclusive of Body Corporate, Council and Water Rates and GST. And with a return like 9.3%, your accountant will have a field day at tax time!!

This is a truly excellent opportunity for investors to strategically add to their portfolio with a high return of 9.3% and low outgoings on a property that will increase in capital and rental income ?? especially been so close to the heart of the City.

For further details, call CRAIG MCINTOSH 0431 948 256 or SUNNY LU 0422 060 234. Email: craig@professionalscity.com.au.

PROFESSIONALS CITY RESIDENTIAL RUSSELL STREET OFFICE – LEVEL 11 / 180 RUSSELL STREET, MELBOURNE. PHONE: 9663 9700.