Perfect for investors – Or you can end the lease with no penalty

The apartment under a lease agreement that could be terminated with 60 days written notice,<br/>Without any penalty.<br/><br/><br/>Estimate rental income between $19,000 - $21,000 a year.<br/><br/>RETURN: 6.7% Gross<br/><br/>Situated on Level Five, this is a one-bedroom serviced apartment measuring approximately 50 square meters. This apartment offers a generous bedroom with built in robes, a lounge, a well-equipped kitchen with electric hotplates, and loads of storage. In addition, a fully appointed bathroom with shower over bath, and laundry facilities.<br/>The property offers a security entrance and is in a prime Melbourne location at the “Paris end” of the CBD with quality retail shops, restaurants, and cafes also close at hand.