218/133 Droop Street, Footscray VIC 3011

A great, low cost studio student apartment makes a great start or extra to the investment portfolio. Will suit investors looking for a strong investment with a great return. Currently leasing for $1021 per calendar month or $12252 per annum. Gross return of nearly 10% p.a (approx) with lease expiring February 2019. Much better than the banks! The modern studio (one bedroom) is reasonably spacious measuring 25sqm approx, fully furnished, and perfectly situated. Just a 2-minute stroll to Victoria University, only minutes away to Melbourne, Highpoint Shopping Centre, Maribyrnong River, Footscray Park, Footscray central, Footscray Market & public transport with the 82 tram and 410 bus at your front door. Contains spacious rooms, security swipe entrance with intercom, kitchen with gas stove, fridge, microwave, large bathroom, communal laundry, and large communal terrace area.

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