1006/60 Market Street, Melbourne

ABOUT THE PROPERTY

Bedrooms
1
Bathrooms
1
Car spaces
1
Land size
-
Building size
-
Council area
Melbourne
Year built
n/a
Lot plan
1006/PS336605 Melbourne VIC
House type
Unit: Standard



HISTORY

Last sold 19/05/2008
$212,000



LISTING DESCRIPTION
as of December 2013

The Market Good News Keeps Coming! 7.5% return!!! Spacious and beautifully presented studio apartment comprising a spacious living area, functional kitchen, study area, reverse cycle heating and cooling and large sparkling bathroom.Currently returning $18000 pa ($1500 per month) approx and securely leased to OAKS on Market till 2016 with four x 5 year options thereafter. This will be a great little money spinner year after year with 5% rental increases every second year and market review at the start of each term, Oaks pays all regular outgoings (Owners corp./Council/Water)Do the numbers, this would be a great addition to any portfolio.