If you’re in and out of town and need a little pad to stay a couple of nights a week, this is perfect! Renovated with floating floor boards, this 27 sqm gem may be just what you’re after!
Located between King and William Streets and featuring a small furniture package, this would be ideal for either someone regionally based who has business in the city, a first home buyer looking for an entry point, a student who may not want to live in a ‘student block’ and of course. an investor.
Estimated rental income is $1300 per calendar month ($300 PW) which equates into an impressive 8.4% return. Very low outgoings (body corp just $1000pa!) and is situated in a well maintained apartrment block right opposite Crown and the Aquarium on the Yarra River.
Currently leased on a monthly basis and vacant possession is available so you can move in if you want.
Fantastic little renovation on this with special kitchen shelving, granite floors and walls in the bathroom and kitchen, appliances such as a bar fridge, microwave and a dryer has been very cleverly installed into kitchen. You could even put up a wall and make the bedroom separate.
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for information only, and do not constitute representation by the Owner or Professionals City Residential