303A/188 Peel Street, NORTH MELBOURNE 3051

PRIME INVESTMENT!

Centrally located and within walking distance to the CBD, Victoria Markets and Universities, this studio apartment is an affordable investment with excellent return for any buyer. Current rental return $14,113.08p.a. or 8%p.a. with yearly CPI increase. This fully furnished apartment has an existing 5 year lease starting from 23th Sept 2012 with renewal options for 3 further terms of 5 year each.

Accommodation includes: studio bedroom, bathroom, living area, kitchenette and balcony with City Views.

Building features:

elevator, tram stop directly outside, resident manager, guest laundry (coin operated), luggage storage, security entry/foyer, CCTV security, tour desk, conference room, courtyard, bicycle dedicated storage and WiFi.

This is your opportunity to purchase a brilliant investment right in the city!!

Property Information

1 1

Property Type

Apartment

Price

Price

$170,000

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