OPEN FOR INSPECTION – TUESDAY 12TH JANUARY 5:30-6PM & SATURDAY 16TH JANUARY 3:30-4PM.
What a great little pad! Spacious, well designed and a good size measuring up at 33 sqm.
Located on the first level at the popular College Square Apartments in Lygon Street and available to move in if required, you’ll find a full furniture and appliance package, built in robes, a good size separate study area, nice bathroom , open plan living/dining area, modern kitchenette and a seperate bedroom area.
College Square also enables ‘non students’ to reside in the building, so if you’re looking for something to live in or a city pad and you’re not exactly a student, you’re right to move in. Perfect for first home buyers, the busy city worker/professional looking for a city pad to stay during the week or the smart investor.
The complex is almost like a holiday resort! Large 25 metre pool, very well equipped and maintained gym, basketball court, restaurant, full building security with concierge (24 hour reception) and a sauna!!
Currently leased @ $1260 per calendar month until February 2010 with a continuation of the leased guaranteed if desired.
For investors, this equates into a very impressive 8.64% return (try getting that at the bank) and would be perfect for negative/positive gearing, super fund and capital appreciation. Secure management with a rock solid return and very high demand area for property with high and consistent returns all year round (leases in this building are deliberately signed in February to co-incide with the student community returning/commencing to Uni for the new year and subsequently maximizing your return).
Vacant possession available if required in Feb (possibly earlier) with notice to tenant.
Total outgoings approx. $3600 pa.
What makes this place really good is its great locality – just a few minutes away from the city on the tram (or a 10 minute walk) Tram on your front door step going both directions, Melbourne Uni is just around the corner, rmit campuses are close by too and the myriad of cafes and restaurants in Lygon Street are just a minute away, it really is an incredible location offering so much!!
Call CRAIG McINTOSH 0431 948 256, SUNNY LU 0422 060 234 or STEPHEN SHEN 0434 775 740 for further details. Email: enquiries: craig@professionalscity.com.au.
PROFESSIONALS CITY RESIDENTIAL RUSSELL STREET OFFICE – 9663 9700 (24HRS) LEVEL 11/180 RUSSELL STREET, MELBOURNE.
Visit our websites: www.professionalscity.com.au & www.professionals.com.au