OPEN FOR INSPECTION – SATURDAY 23 SEPTEMBER 12:00PM – 12:30PM.
Absolutely perfectly situated in the heart of the busy Melbourne Central Business District is this little gem with major significances with its strategic investment structure.
Leased continuously through Corporate Administrator, Pacific East Coast and located directly opposite Flinders Street Station and Federation Square, this spacious 27 sqm studio comes fully furnished and is available with a whole range of options to suit you.
Firstly, as an investment, it is currently returning an excellent 6.2% return with an annual rental income of $11,500 pa. And of course, there’s no problem if you want to move into it – for instance, if you wish to use it as a city pad, you can or if you’re a uni student, it’s perfect! And you can opt in and out of the lease whenever you like.
Situated on the 12th floor and facing north-east, you’re just metres away from the tram stop right at your front door, trains across the road, all the shops, bars and cafes that the city has to offer and if you’re working in the city, the main business streets are only minutes away. Right on the Yarra River, you have immediate access to St.Kilda Road, Southbank, the spectacular Crown Casino Complex, the Melbourne Cricket Ground, National Tennis Centre, Botanical Gardens, National Gallery of Victoria, Southbank Promenade with all its fancy restaurants sprawled along the banks of the Yarra and of course the famous theatre precinct in Collins Street just behind you that’s all a buzz on a Saturday night with the Regent and Athenaeum. And not to mention Melbourne’s most famous pub, Young and Jackson, opposite Flinders Street Station which was just recently refurbished.
Unrestricted by occupation, whether you’re a student or a business operator, young family, first home buyer or investor, this apartment may be purchased with no strings attached, unlike some apartment buildings where restrictions and zonings prevent non-students from occupying or obligations to long term corporate leases etc.
Excellent hi-tech building security with three entrances off Flinders Street, 24 hour Security, Administration and Building Management office with CCTV surveillance throughout the building (and diligently monitored), games room with TV pool table, common laundry and a bike store room. And a good community of residents (mainly students) but also a lot of owner occupiers as well along with business executives who have their ‘city pad’ located in the building because it’s handy to work.
INSPECT AS ADVERTISED.
FOR FURTHER INFORMATION REGARDING THIS PROPERTY, PLEASE CONTACT AGENT.