What makes this the perfect investment property?and#8232;
Rent: $285 per week with minimal gaps in rent between each tenant
Rental return: 9% (approx.)
Body corporate fees: $430 per quarter (approx.)
Water rates: $175 per quarter (approx.)
Council Rates: $120 per quarter (approx.)
and#8232;Current Lease: Expires on the 27th of February of 2017 (End of a 4 year lease)
Internal Size: 19 sqm (approx.)
This property is student accommodation only*

The location is within walking distance to:
andbull; The University of Melbourne
andbull; Route 55 and 59 on Flemington Road, North Melbourne

And is also within close proximity to:
andbull; The Melbourne Zoo
andbull; Edinburgh Gardens
andbull; Flagstaff Gardens
andbull; Melbourne Central
andbull; Woolworths Southern Cross Station, QV, Bourke Street
andbull; and#8232;Coles Spencer Street, Melbourne Central
andbull; Lygon Street for great cafes and restaurants
andbull; RMIT City Campus
andbull; Queen Victoria Market