403/188 Peel Street, North Melbourne VIC 3051

$175,000

1 beds

1 baths

Strong return with long secure lease!

Situated within metres of the Queen Victoria Market, Royal Melbourne Hospital and CBD is this wonderful investment returning $16,640.00 per annum which returns net-7.1%, increasing by CPI annually.

Accommodation includes: one bedroom, bathroom, living area, kitchenette and balcony with City Views.

This fully furnished apartment is being sold with long term lease which ensures strong future growth and security through long term tenancy. You will not find a better return- even from the bank so be quick as these apartments sell quickly.

Inspection by appointment only

Property Details

• Type: Studio
• Bedrooms: 1
• Bathrooms: 1