Rental is $340 pw ($17,680 per annum). Gross investment return of 9.5% and vacancies in this complex rarely available. Rental potential $350 to $360 per week.
Building E is the best block on site. This studio is well maintained. The open-plan L-shaped Studio is larger than all other Studios in the block and on the corner includes windows on 2 sides. The living, kitchen, and study areas are integrated and open to a large entertainer's balcony and include a modern functional bathroom, ample storage, a private balcony for entertaining, and a dedicated/reserved car space.
A safe and protected complex with security card access/intercom, this unit includes window and door blinds and is semi-furnished with a bed, dining table and chairs, sofa, built-in cupboards, wardrobe, fridge, cooktop, and microwave-oven. Furniture can remain with purchase or be removed as required. Currently tenanted month to month with tenants wanting to stay on.
INVESTORS AND OWNER OCCUPIERS MUST INSPECT. Walk to Monash University/Monash Heart Hospital, studio apartment offering easy access to world-class education, healthcare, shopping, and entertainment.
Enjoy low Body Corporate and onsite amenities, visitors' lounge, study room, billiard room, BBQ area, food canteen, laundry facilities, and visitor parking. Live-in residential supervisor, manned reception, and expansive gardens (built-in BBQs).
Bus services just steps away and only 500 meters from the planned Suburban Railway Loop connecting to Monash University. Location is ideal for commuters and is just minutes by car to the Monash Freeway, M-City, Brandon Park, Pinewood, The Glen, Chadstone, Ikea Home Maker, and nearby parklands. For the astute investors, this property provides high returns and rental appeal.
General File photos have been used to represent this Studio apartment. An inspection will not disappoint.
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