109/253 Franklin Street, Melbourne

ABOUT THE PROPERTY

Bedrooms
1
Bathrooms
1
Car spaces
1
Land size
-
Building size
37.6 m2
Council area
Melbourne
Year built
2012
Lot plan
109/PS628109 Melbourne VIC
House type
Unit: Standard



HISTORY

Last sold 22/11/2013
$325,000



LISTING DESCRIPTION
as of November 2013

Amazing return of 6.5% from a normal residential 2 bedroom apartment !!! This property lends itself to both investors and owner occupiers. With an amazing return of $1907 pcm and low outgoings this is surely an ideal investment.This lovely apartmentis generating a gross 6.5% return on your investment.Please note this is not student only accommodation or a hotel suite.We also have a depreciation schedule available.Perfectly located opposite the Queen Victoria market, you'll feel right at home in this one-bed plus study apartment safe and secure on the first floor. Within a stylish and high tech, environmentally sustainably building, it's also so close to the University of Melbourne and RMIT, plus is just a short stroll to the Flagstaff gardens, restaurants, gyms and Chinatown. Inside, the residence offers its own relaxing balcony through floor-to-ceiling stacker doors, which steps out to a bamboo, Japanese-inspired residents' garden, for the perfect respite from busy city life.Welcomed into a tiled entrance, the apartment is meticulously presented with a white and grey palette. The modern kitchen has a crisp stone bench, feature dark grey tiled splash back and stainless steel appliances, including a compact dishwasher, while the bathroom nearby has cool white tiling and excellent open shelving. Pretty views to the bamboo set a tranquil scene in the living/dining area, with a split-system airconditioner and handy shelving. The main bedroom has sliding opaque glass doors and built-in robes, while the adjoining study could also work as a second bedroom.With everything you need for city living, including a handy European laundry and secure intercom access, this city apartment is ideal for both savvy investors and owner-occupiers.