303/60 Market Street, Melbourne

ABOUT THE PROPERTY

Bedrooms
1
Bathrooms
1
Car spaces
1
Land size
32 m2
Building size
32 m2
Council area
Melbourne
Year built
2000
Lot plan
303/PS336605 Melbourne VIC
House type
Unit: Standard



HISTORY

Last sold 11/09/2012
$185,000



LISTING DESCRIPTION
as of September 2012

Sure-fire money spinner--7.2% Net approx Not suitable for owner occupiers but a no brainer for the savviest of investorsFeatures include; Functional kitchen with spacious living area. Reverse cycle heating and cooling, huge sparkling bathroom with room for laundry.Recently refurbished and currently returning $1138 Net per month and securely leased to OAKS on Market till 2016 with four x 5 year options there after. 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)An easy addition or a great start to any smart portfolio.