W.B. Simpson & Son

30 Errol Street North Melbourne

03 9328 1213

03 9329 9030

enquiries@wbsimpson.com.au

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303/6-8 High Street, North Melbourne

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Apartment

1 1

INVESTMENT STUDIO AT 8.5% RETURN

This little studio works hard for the money. Situated in North Melbourne just across the street from Melbourne Uni in a well designed & well built building – it has all the comforts a student needs: a single bed, small dining table for 2, a large study table, a galley kitchen with m/oven, fridge and gas cook-top and private bathroom. The laundry is located on the ground floor with communal areas too.

It also is located near tram stops to the city or Vic Market.

Currently rented at $240 per week ($1043 per month) with a rental review at the end of the current lease which expires July 2015. It is a great hassle free investment for your retirement super fund or just a steady income stream.

Building features security entrance, video surveillance, lift access, communal laundry, common courtyard and lounge, bike storage and on site management.

Perfectly positioned, only a few minutes walk to university and hospital precincts, CBD, popular local eateries and public transport.

The property is under the management of Student Housing Australia, and is sold with a secure tenant.

If you purchase now you will reap the benefits of having a desirable secure investment or have a chance to provide a tranquil space for your student to study and be safe in.

Call or email for more info.

Inspections by appointment only.

Features

  • Property ID - 562048

Related Information

Enquiry

Syd Sherrin
Sales Manager
syd@wbsimpson.com.au
0418 530 452