208/118 Franklin Street, Melbourne

ABOUT THE PROPERTY

Bedrooms
2
Bathrooms
1
Car spaces
0
Land size
-
Building size
48 m2
Council area
Melbourne
Year built
2001
Lot plan
208/PS425500 Melbourne VIC
House type
Unit: Standard



HISTORY




LISTING DESCRIPTION
as of January 2009

RETURNING 7.6% THIS 2 BEDROOM, FULLY-FURNISHED APARTMENT ON A LONG TERM LEASE TO NOVA STARGATE, OFFERS THE ASTUTE INVESTOR AN INCOME OF APPROX $18396 PA WITH NIL VACANCY. IT IS CONVENIENTLY LOCATED CLOSE TO TRANSPORT, UNIVERSITIES, THE CBD AND FACING NORTH-EAST OVERLOOKING THE FAMOUS QUEEN VICTORIA MARKETS.ALL FURNITURE AND FITTINGS AND HEATING/COOLING INCLUDED WITH GYM, SPA AND SAUNA WITHIN THE BUILDING.LEASED TILL 2011, WITH ANOTHER 2 FIVE YEAR OPTIONS.ADDITIONAL FEATURE - BUILT-IN WARDROBES.