12% Rental Return, Real Cash Cow !!!

Are you unhappy of 1% low term deposit from Bank?

Are you tired of looking for new tenant frequently?

$88K price less than a car, but got massive 12% return, your own ATM.

Done, all yours, secured rental income $10,400 per annum, stable tenant who lived there for over 2 years is very tidy and clean, fully renovated student accommodation internal size approx 30 sqm, including:

Renovated Kitchenette
Electric Cooktop
New Air-conditioning
Kitchen ventilator
Freshly painted
Built in Robes
Large bathroom
Quiet private courtyard off room
Communal Laundry
Off Street Parking
Large Common Areas

All annual outgoings approx: body corporate $2762, council rate $446, water rate $650.


Located within a short distance to Karingal Hub Shopping Centre and Bayside Shopping Centre, close to local schools, shops, Ballam Park & public transport only a minute walk at the end of the street. Close to Peninsula Link, Frankston Beach only 20 min from Mornington Peninsula or 45 min to Melbourne CBD.

Vendor says sell it. For more information, please contact Stephen Shen on 0468 955 586 or email [email protected].