103/131 Pelham Street, Carlton VIC 3053

Commanding an ultra-convenient inner city address, this modern apartment offers exceptional returns for your initial outlay. Take advantage with an 10.25 gross return along with low outgoings and the best occupancy rate around.
This area is growing and this entry level apartment will get you in the mix

This ideal apartment is
positioned on the corner of Pelham and Swanston Streets, just footsteps from Melbourne University, RMIT University, Carlton Gardens and trams. Set on Level One of the popular 'Micasa' security building, it is also moments from Lygon Street cafes, the heart of the CBD and the Queen Victoria Market.

Designed to fully maximise the space, its compact floorplan incorporates a bright bedroom with retractable stacker doors and a sunny Juliet balcony. By the tiled entrance is a smart integrated kitchen with a stainless steel gas burner and full height storage. In addition, there is a study area and sleek bathroom with a walk-in shower.

Well appointed throughout, it features fixed robes, split system air-conditioning, neutral interior tones, blockout Holland blinds and key-locked windows. In addition, the impeccably maintained building has a ground floor reception, communal lounge, bicycle storage, video intercom security, keypad entry and dual lift access.

An exceptional investment opportunity, it is currently achieving a rental return of $1,238.00 pcm. Thats a genuine 10.25% return at $145,000.