BRIGHT, COSY AND CONVENIENT CITY PAD WITH GREAT MOUNTAIN VIEWS!
OPEN FOR INSPECTION THURSDAY 7TH JANUARY ?? 5:30 ?? 6PM

Absolutely perfect for the first home buyer or the busy city professional to move straight into or the smart investor is this 33 sqm one bedroom studio apartment in the popular ??College Square?? Apartments in Lygon Street. Carlton (cnr Princess Street).

Situated on the 3rd level, with great Easterly views of the Yarra Ranges and Mount Dandenong, this surprisingly innovative and well designed apartment is fully furnished and features built in robes, a good size living area and kitchenette as well as a separate study area.

Close to Melbourne Uni, RMIT, Royal Melbourne Royal Women??s Hospitals, just a couple of minutes to the CBD by car or tram (tram right on your front door step) and just a stroll to the Lygon Street caf and restaurant precinct.

Currently leased until December 2009 @$1260 PCM, this apartment offers vacant possession if required and although the majority of residents are international students, non-students are also able to reside here at anytime. Lease can be easily continued with a guaranteed consistent and reliable tenant for investors.

Also featuring a fantastic, totally sun drenched Easterly view looking right up into the Victorian high country like the Yarra Ranges and beyond so you??ll save on your electricity bill compared to other apartments which can be dark and light disadvantaged.

For the clever investor, its absolutely perfect ?? negative gearing, superannuation fund and the continuation of excellent capital growth expected over the next few years in an area that is now in such strong demand. Currently offering investors a whopping 8% return (try getting that at the bank) and approx. 6% net return after the annual costs have been deducted of around $3700 pa.

For students, it hits the nail right on the head! Just a couple of minutes walk to Melbourne Uni, RMIT 10 minutes stroll down Lygon Street, a few minutes walk to RMH/RWH and the cityis just a couple of minutes on the tram along Swanston Street.

Great resort style facilities too including a very large 25 metre pool, well equipped gym, sauna, basketball court, restaurant and excellent high tech security complete with 24 hour staff at reception offering a very comfortable and secure living environment. Good multicultural community of young residents, mainly international students hard at work studying at Uni.

Undercover security car parking also available on site for approx. $70 per month.

For further details, contact CRAIG MCINTOSH 0431 948 256 (24HRS) -(EMAIL: craig@professionalscity.com.au) or SUNNY LU 0422 060 234 (EMAIL: sunny@professionalscity.com.au)

PROFESSIONALS CITY RESIDENTIAL RUSSELL STREET OFFICE
LEVEL 11/180 RUSSELL STREET, MELBOURNE 9663 9700