Luxuriously appointed, this well proportioned studio apartment comprises of approximately 31 sqm of internal area and features 1 sqm balcony, is located in the heart of the China Town precinct and is just seconds from all shops, cafes and restaurants. Within walking distance to the RMIT, Victoria Uni and all public transport.

Building facilities include a lap pool, gym, sauna and function room.

Low outgoing fees, perfect for investors. Currently leased at $ 12k to $ 13k per year for 5 years, CPI3%,then three further terms of five years each , equating into a massive 7.8% yield.

INSPECTION BY APPOINTMENT.

Body corporate fee: $ 1515.76 annually paid by the Tenant as per the lease agreement.
Council rates: $523 pa
Water rates: $ 278 pa

What a deal !!

Call Sunny Lu 0422 060 234 on 0431 948 256 or email: sunny@professionalscity.com.au