Secure tenant until Jan. 2020!

4/1 O'Connell St, North Melbourne, 3051

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220,000 AUDEst. Mortgage: AUD 1,546/monthFor Sale
  • Ownership Type Apartment
  • Property Area 0 sqft
  • Bedrooms 1
  • Bathrooms 1
  • Furnished No
  • Last Updated 3rd Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Intercom
  • Toilets: 1

Property Overview

NOTE: DUE TO THE LEVEL 3 RESTRICTIONS IMPOSED BY THE STATE GOVERNMENT ONLY PRIVATE INSPECTIONS CAN BE ORGANISED TO VIEW THIS PROPERTY. PLEASE REQUEST A PRIVATE INSPECTION IF YOU ARE INTERESTED.

Set and forget 8% return!

Important Note: This is 'STUDENT ACCOMMODATION' only. You can purchase to live in providing you are a student. If you are purchasing as an investment then you can only rent the unit to students.

Whether you are a first time investor or are looking to add to your portfolio this one bedroom apartment is a perfect option. Offering high returns and a location always in demand, you will reap the benefits for years to come.

Property Facts:
Lease period 23rd of Jan. 2020 to 22nd of Jan. 2021
Currently returning $1543 per month or $18,516 per annum
Body corporate Fees: $828 per quarter or $3,312 per annum.


Featuring:
Corner apartment, light filled open plan kitchen- living area, central bathroom and good size bedroom.

This apartment is larger than average and is a genuine 1 bedroom apartment rather than the normal studio option at the price point.

Contact Tim Harris on 0407 035 288 for inspections. Note that 48 hours notice is required for an inspection (notice to tenants)

Location on Google Map

4/1 O'Connell St, North Melbourne, 3051

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