Just listed is this magnificent one bedroom apartment earning a great return of 6% with more potential to grow as the rent hasnt been increased in 4 years!
Located in the heart of Prahran with Chapel Street minutes away this well appointed student lifestyle apartment has been custom-designed to provide the perfect lifestyle balance in a safe secure environment for the focused student but could also be a sensational investment opportunity or future residence for the budding scholar.
This self-contained apartment features include:
Versatile open living area
Built-in Robes
Private balcony
Well equipped kitchen incorporating gas cooking
Modern bathroom
Heating
Other features of the complex include on site property management, common resident lounge, communal laundry facilities and large storage cage.
Positioned within Prahrans education precinct within 500 meters of Swinburne University and a short tram ride to Melbourne CBD this truly is Ideal for the first time investor or something to add to your existing portfolio.