Sold
401/K13 Raleigh Street,
Windsor 3181, Victoria
$119,000
Property details
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Agents
Low Cost Investment with 10.1% Net Return
Designed and zoned for Student Accommodation, this high yield investment opportunity is located in a perfectly between Punt Road and St Kilda Road. Boasting excellent connectivity with an abundance of public transport options leading to various Colleges, Universities, the CBD, and its amenities, this locale stands out as one of Melbourne's most sought-after areas for students.
Currently under lease at $321 per week, the property generates an annual gross income of $16,692. It's remarkably low-cost outgoings contribute to an impressive return of over 10% that seasoned investors recognise.
UniLodge on Raleigh offers additional perks to its residents, including bicycle storage, a communal lounge room, shared laundry facilities and secure intercom entry. This fully furnished property comes with the added advantage of onsite building managers, ensuring seamless maintenance and upkeep of your investment.
Outgoings:
Body Corporate fees: $2439 per annum
Council Rates: $515 per annum
Water: $1,087 per annum
Net Income: $12,651 per annum
For all inquiry please reach out to Taylor Sims on 0403 485 210.
All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
Due diligence checklist for home and residential property buyers.
Explore the area
School catchments
- Wesley College - St Kilda Road Junior Campus Combined Independent 0.23km
- Wesley College Combined Prep-12 Independent 0.33km
- Prahran High School Secondary 7-12 Government 0.75km
- St Kilda Park Primary School Primary Prep-6 Government 0.83km
- St Michael's Grammar School Combined Prep-12 Independent 1.2km
- South Yarra Primary School Primary Prep-6 Government 1.2km
- St Mary’s College Melbourne - Presentation Campus Secondary Catholic 1.3km
- Cheder Levi Yitzchok Inc Combined Prep-10 Independent 1.3km
- Windsor Primary School Primary Prep-6 Government 1.3km
- St Mary's School - Campus 2 Primary Catholic 1.4km
- Christ Church Grammar School Primary Prep-6 Independent 1.5km
- St Mary’s College Melbourne - Edmund Rice Campus Secondary 7-12 Catholic 1.5km
- St Mary's School Primary Prep-6 Catholic 1.5km
- Melbourne Girls Grammar Combined Prep-12 Independent 1.9km
- SEDA College (Victoria) - Sailing - Albert Park Secondary Independent 2.0km
- MacRobertson Girls High School Secondary 9-12 Government 2.0km
- Melbourne High School Secondary 9-12 Government 2.0km
- St Kilda Primary School Primary Prep-6 Government 2.0km
- SEDA College (Victoria) - MSAC Function Room Secondary Independent 2.1km
- Centre for Higher Education Studies Secondary 10-12 Government 2.1km
- Melbourne Grammar School Combined Prep-12 Independent 2.1km
- Youth2Industry College Secondary 11-12 Independent 2.2km
- South Melbourne Park Primary School Primary Prep-6 Government 2.2km
- Melbourne Grammar School - Wadhurst Campus Combined Independent 2.2km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
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Photos
Floorplan
Contact Taylor Sims
Contact Taylor Sims
Taylor Sims
401/K13 Raleigh Street, Windsor VIC 3181
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Taylor Sims
401/K13 Raleigh Street, Windsor VIC 3181