708B/268 Flinders Street, Melbourne VIC 3000

With an excellent NET return of 7.95% approx. this great little investment works as fantastic lock and leave for a regularly 'in town' professional or to bring in that high return for the investor.

This smart studio apartment is conveniently located only minutes away from the Flinders train Station, Federation Square, Degraves St cafes, Bourke St shopping and much much more. The unit is fully furnished with bed, desk, cupboards, draws & a small table setting, functional kitchenette including gas cook top, microwave and fridge.

The numbers:
Current rental return: $16,164 per annum/ $310 per week
Owners corp. Fees: $3263 per annum
Council: $415.24pa
Water: $560pa

This property can be owner occupied and selfmanaged so very few restircitonms make this an even more appealing purchaser for investors and owner occupiers alike!
The building is secured and contains lift access. It also features a communal roof top terrace, a basement gym and coin operated laundry.

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