$157,000
1 Bed • 1 Bath • 0 Car
New
Sold
Sold
703/591-593 Elizabeth St, Melbourne VIC 3000
$157,000
What's around Elizabeth St
Apartment description
“Park Your Money Here!!”
Fantastic rental return of $16,164 per year coupled with low outgoings make this an exceptional investment opportunity.
Located close to Melbourne university and RMIT this modern 1 bed apartment comes fully furnished
In exceptional condition and with air-conditioning this is the ideal home away from home in a quality and popular building. Perfect for first home buyers or investors or as a alternative to renting while studying this apartment is priced right and has a current return of $310 per week or a 9% return on investment.
This Robust investment property has a lease until 2021 and with basically no vacancy in the last 10 years this is ideal for investors looking at a high return property.
Inside the apartment is well appointed with kitchenette, bathroom and balcony off the bedroom. A secure building it is serviced by a lift and also includes a laundry on the ground floor. The well maintained building has bicycle storage and an outdoor communal area.
Perfect for any buyer looking to enter the investment market or as a city pad this property is sure to be popular.
Extra features include:
• Robust return and little to no vacancy
• Fully furnished, move straight in
• Located just outside the CBD
• Close to public transport and universities
• Close to Queen Victoria market, Melbourne central and Lygon Street
• Secure building
• This property is student accommodation only
Other features
Close to Schools, Close to Shops, Close to TransportDocuments
What's around Elizabeth St
Contact the real estate agent
Nick Richards
Precinct Estate Agents
Send an enquiry
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