Investment with regular high rental return (Approx. 9.3 %)

An ideal investment for smart investors looking for a low entry price with regular high rental return (approx. 9.3% gross).  Currently leased until February 2017. Rental return is $1173 per calendar month approx. or $ 14076 per annum approx.

Located on the quiet Barkly Place, this studio apartment within the popular Global House building is just minutes from Melbourne University and RMIT, close proximity to city, with public transport, groceries, eateries and parklands all only a short scroll away.

This student accommodation featuring a smart petite floor plan; single bed; study desk; LCD flat screen TV; air conditioning and heating; private kitchen with gas cooking, microwave and fridge; modern private bathroom and secure intercom. Building facilities include common lounge area with courtyard and rooftop terrace; communal laundry; lift access to all levels; security entrance; and high speed internet available. All apartments come with free-to-air Asian television, with gas included in the rent.