0158/800 Swanston Street, Carlton VIC 3053

$185,000 to $195,000

1 beds

1 baths

Positively geared with returns of over 8% Get in quick

Looking for a secure and positive cash flow investment to add to your portfolio?
With a prime position situated directly across from Melbourne University, moments from RMIT and managed onsite by the Unilodge, ensuring great service and low vacancy rates. Complete with a lease until 2017 generating a return of over 8%, this lucrative investment opportunity is packaged together in a spacious one bedroom studio apartment with large bedroom, separate study area, ample storage, modern bathroom with spacious kitchen and open plan living and dining.

When not at university your tenants are only a short walk from the CBD, and moments from all the fine dining offered throughout Carlton and added convenience of tram stops at their door step. Ensuring your tenants are kept satisfied, the building boasts high quality facilities including landscaped courtyards, a large outdoor swimming pool, gym, meeting rooms and communal recreation areas.

Current Rent - $1,456 per calendar month/$17,472 per annum
Estimated return 8.7% (calculated at purchase price of $200,000.00)

**DISCLAIMER**
Please note, all calculations/estimates/information shown are derived from information provided to Ray White Southbank by the vendor. All prospective buyers are encouraged and advised to make their own enquiries and calculations. Please contact us for more details regarding this property.

Property Details

• Type: Apartment
• Bedrooms: 1
• Bathrooms: 1

Features