Price Undisclosed

1 Bed  •  1 Bath  •  0 Car  •  26m²

Main view of Homely unit listing, Unit 17/1728 Dandenong Rd, Clayton VIC 3168
Second view of Homely unit listing, Unit 17/1728 Dandenong Rd, Clayton VIC 3168
Third view of Homely unit listing, Unit 17/1728 Dandenong Rd, Clayton VIC 3168
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Sold

Unit 17/1728 Dandenong Rd, Clayton VIC 3168

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Price Undisclosed

  • 1
  • 1
  • 0
  • 26m²

Unit Sold on Tue 16 Jul, 2024

What's around Dandenong Rd

Unit description

“Student Accomodation Investor 6% return”

PRICE REDUCED for a QUICK SALE To $160,000

G17/1728 Dandenong Road Clayton. 3168

INVESTORS !! INVESTORS !! INVESTORS !!

$160,000 including up to $10,000 of furnishings

Rent in 2023 = 335 x 52 = $17,420

Purchase price = From 160,000

Outgoings = $5,500

Positive Cash Flow

( These calculations are not audited or considered to be accurate but it is advised that prospective BUYERS are asked to do their own due diligence and satisfy themselves for their own situations.)

Currently tenanted by a Monash Uni Student for 24 months until 12/1/2025

Continuous tenancy for the last 5 years. A fantastic opportunity for an astute Investor.

The building was built in 2016, opposite Monash University Clayton Campus, currently

managed by Student Housing Australia. SHA.com.au.

ROI is 9%; great addition to your property portfolio; If the mortgage is 100% the rental

will more than cover the Mortgage.

The rental is, as you can see it is positively geared and a sound investment.

This one bedroom apartment is student housing only and :

Is fully furnished

comprises of a galley Kitchen

Full sized double wardrobe,

Study nook,

Lounge TV room;

Bedroom with a Bed and side table;

Bathroom with shower, toilet and a basin.

There is no car parking that comes with the apartment, but can be leased from the management company, sha.com.au

Property Code: 11

Building details

Area: 24m²
Energy Rating: 5

Land details

Area: 26m²

Documents

Statement of Information: View
Fourth view of Homely unit listing, Unit 17/1728 Dandenong Rd, Clayton VIC 3168View more
Fifth view of Homely unit listing, Unit 17/1728 Dandenong Rd, Clayton VIC 3168View more

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Unit 17/1728 Dandenong Rd, Clayton VIC 3168
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