- About this property
- Explore South Melbourne
Park your Money Here - 6.09% Investment ReturnProperty ID 1708066- Prime location with easy access to CBD, South Yarra and South Melbourne
- Investment return of approx. 6.08%
- Moments to Domain Interchange
- Short walk to the Botanical Gardens
- Low outgoing costs
- Split System Heating & Cooling
- Available with vacant possession
- Building facilities include gym and rooftop entertainment area
Situated in a location that is hard to beat, find yourself centrally positioned between Albert Park Lake, South Melbourne, South Yarra, the Botanical Gardens and Melbourne CBD. Whether you are going for a coffee on Chapel Street, a run around the Tan or Albert Park Lake, groceries at South Melbourne Market or enjoying all the lifestyle Melbourne CBD has to offer this apartment has you close to it all.
A cleverly designed and inviting floorplan comprised of a modern Kitchen with stainless-steel appliances and dishwasher, plenty of storage and hidden fridge providing a stream-line and sleek finish. Enjoy the East facing enclosed balcony which allows for plenty of natural light to flow into the open living. Rounding out the features, split-system heating and cooling, modern bathroom and European laundry.
Current Rent - $1,516 per calendar month/$18,200 per annum
Estimated return approx. 6.09% (calculated at purchase price of $299,000.00)
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.