This three bedroom unit is managed under a long term lease and rental partnership with Victoria University until 2022. The stratum freehold apartment is fully furnished and benefits from central heating. Three double bedrooms with open plan living / dining and separate bathroom.
The building also has a large communal common room including TV, couches, tables, library and access to an outdoor private courtyard. Further amenities include a games room, bike storage and gymnasium. The Property is managed day and night through Unilodge.
Current rental income approx. $24,600 p.a. Body Corp $8,748 p.a. Rates $901 p.a.
This is a neat hands free investment with good net return and the added future potential to be owner occupied.
Please note selling price is $200,000 + GST (if any)
Viewing is by appointment only.