101/60 Waverley Road, Malvern East VIC 3145

Investment returns of almost 10% are rare for the inner city market. This modern three bedroom, two bathroom first level apartment boasts a flexible floor plan, generous living zone, custom kitchen and more. An active lease is currently in place until 2021 for a combined $3,324 per month or $39,888 per annum.

Outgoings (tax deductible) are approximately $5,400 per year; including utilities (water/electricity/gas), council rates, body corporate (Owners Corporation) and management charges.

Located a very short walk from Monash University Caulfield Campus and offering a choice of tram or bus transport services you will further benefit from a fabulous array of cafes, restaurants, shops and supermarkets and sporting fields. Chadstone Shopping Centre, train station and the South Eastern Freeway are also worth a mention.