Investment Opportunity - 9,5% Gross Return (approx) - ONLY $135,000

This perfectly positioned modern student accommodation investment opportunity is currently leased at approx. $12,775 PA ($245.00 Per Week/approx).

Features include: fully furnished with all the luxuries you need to enjoy in this apartment including tiled bathroom and study area. Communal features include: secured monitored CCTV camera system for all entry and exit points, spacious common room and common laundry facility.

Located in the heart of Prahran, opposite Swinburne University of Technology and only steps from the corner of Greville and Chapel St, one of the Melbourne’s most coveted and stylish locations.

This contemporary studio has shops, cafés and transport at the doorstep. With the CBD only minutes away and excellent rental return it’s an ideal entry level investment.

The apartment is situated on the second floor and comes fully furnished and boasts a balcony, all of today's modern conveniences including functional kitchen, study area, tiled bathroom, neutral colour pallet throughout and also with reverse cycle AC.

The apartment also comes with a secure car space. The building consists of a communal sitting area, Coin operated communal laundry, lift and stair access, and bike racks in the basement.

This is a superb opportunity to start or build on your portfolio!

Inspection by appointment only.

**THIS IS STUDENT LIVE-IN ACCOMMODATION ONLY**

1 1
Suburb Prahran
Address Unit 208, 32-34 St Edmonds Rd
State VIC
Price SOLD
Property Type residential
Property ID 128
Category Studio

Quick Links

Agent Details

Flo Djaja photo

Flo Djaja

0433 104 343
View Profile