1202/131 Pelham Street, Carlton VIC 3053

What makes this the perfect investment property?

Rent: $310 per week with minimal gaps in rent between each tenant

Rental Return: 8.9% (approx.)
Current Lease Expiries: February 2017

Body Corporate Fees: $480 per quarter (approx.)

Council Rates: $280 per quarter (approx.)

Water Rates: $160 per quarter (approx.)

Internal Size: 22 sqm (approx.)




The location is within walking distance to:
·
• The University of Melbourne
• Melbourne Central Station

• Royal Melbourne Institute of Technology, City Campus

• Lincoln Square
• Carlton Gardens

• Lygon Street for excellent restaurants and cafes
• Tram Stops at the door step
The location is within close proximity to:
• China Town
• Edinburgh Gardens

• Queen Victoria Market (with Winter and Summer Night Markets)
• 
Woolworths ? Southern Cross Station, QV, Bourke Street

• Coles ? Spencer Street, Melbourne Central
• Queen Victoria Market
• The Melbourne Zoo