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PRICE REDUCED for a QUICK SALE To $180,000
G17/1728 Dandenong Road Clayton. 3168
INVESTORS !! INVESTORS !! INVESTORS !!
$175,000 including up to $10,000 of furnishings
Rent = 270 x 52 = $14,040
Purchase price = $175,000
Mortgage is 100% = $175,000 @ say 5% = $8,750
ROI = 14.076 (1173.00 x 12) / 175,000 = 8.02%
Positive Cash Flow = Rent - Mortgage = 14,040 - 8,750 = $5,290
( These calculations are not audited or considered to be accurate but it is advised that prospective BUYERS are asked to do their own due diligence and satisfy themselves for their own situations.)
Fully tenanted by a Monash Uni Student for 15 months until 12/1/2021
Continuous tenancy for the last 5 years. A fantastic opportunity for an astute Investor.
The building is 5 years old, opposite Monash University Clayton Campus, currently
managed by Student Housing Australia. SHA.com.au.
ROI is 8.02%; great addition to your property portfolio; If the mortgage is 100% the rental
will more than cover the Mortgage.
The rental is $1173 per month. As you can see it is positively geared and a sound investment.
This one bedroom apartment is student housing only and :
Is fully furnished
comprises of a galley Kitchen
Full sized double wardrobe,
Study nook,
Lounge TV room;
Bedroom with a side table;
Bathroom with shower, toilet and a basin.
There is no car parking that comes with the apartment, but can be leased from the management company, sha.com.au
Ideal for a single student. Currently leased to a Monash Student.
Property Code: 11
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