This immaculately presented fully furnished and well proportioned 9th level studio apartment, located directly opposite Flinders Street Station, is perfectly positioned for those requiring convenience.

Measuring up at sizeable 32 sqm and featuring a pleasant south easterly aspect overlooking Federation Square, this apartment is just seconds from all shops, cafes and restaurants in both Flinders and Swanston Streets and walking distance to RMIT, Victoria University and all public transport. Especially trains!!

Also features 24 hour on-site management & security, internet access, key-card security access on all levels, a fully equipped business centre, large screen TV and student lounge rooms & bicycle storage.

All outgoing fees paid by tenant – so it’s a fuss-free portfolio. For the owner occupier, an approximate outgoing figure of $4500, which includes Owners Corporation, Council, Water rates, gas, building insurance, sinking fund, is required to be paid by owners. These are known as Owner Occupier Fees.

INVESTORS NOTE: Currently leased at $10,316 net p.a (last financial year ) equating into an approximate 6% net return with all outgoings paid by tenant.

If required, vacant possession can be arranged by May 2009.

Perfect for first home buyers looking for entry into the market (First home buyers tip:- Buy this and use the equity in it to buy your second bigger property later on!!) ideal for students, the busy city professional looking for a city pad, investors, or the self-funded retiree looking for a stable, ongoing and self-productive fuss-free superannuation nest egg that is reliable and secure.

Make an appointment to Inspect today – contact Stephen Shen 0422 681 108, Craig Mcintosh 0431 948 256 or Sunny Lu 0422 060 234.

Inspection by appointment only.