The theory of investment is simple - get more bang for buck.
Plug and Play Investment with approximate 8% net return and for only $249,000 - what an investment and proof that good things can truly come in small packages.
Smack bang in the heart of the varsity district this freshly renovated two bedroom apartment has been designed for purpose as comfortable, student accommodation style living. Two bedrooms windows in each room and complete with it's own kitchen and bathroom, this is a far more comfortable option than the student halls and it's in the same location.
It's no wonder this building is extremely popular for renters with an overflow of students looking for accommodation in the area and this apartment being outside of the cumbersome management lease make it the winner it is.
• Freehold
• Potential Return On Investment =approx 8%!!!
• 2 Bedrooms
• Rent Appraisal: $460-$490 per week
• Rates: $800.24
• Body Corp Levy: $4,420.53