603A/51 Gordon Street, Footscray VIC 3011

Believe it or not, current rent is more than the loan repayment.
This could be a perfect long term investment. Currently rented at $826 per calendar month. The rent should cover your mortgage repayments even after all outgoings and fees.. This studio apartment for students only is located within walking distance to University which makes it very attractive, considering all key amenities that surrounds this location.
It comprises open plan kitchen/living/bedroom, central bathroom. Features electric heating and portable evaporative cooling. It is also fully furnished and currently tenanted. An ideal investment, short stroll to shopping, bus and tram stop at front and only 7Km approx. to CBD.