This property is a unit located in Fitzroy VIC. Properties with similar attributes have sold for approximately $740,000. Constructed in 1990, with 2 bedrooms and 2 bathrooms.
The Ideal Investment With a splendid city-edge location and a secure long term lease currently providing a net return of over $26,000 p.a. this has to be the ideal investment. The lease provides annual rent increases and the tenant attends to regular maintenance and pays Rates and Owners Corp. fees.Remarkably light and spacious accommodation over two levels comprises: first level - open plan living and dining room opening to a big sunny balcony overlooking the complex's private landscaped garden and pool, well-appointed kitchen with stone bench tops and quality appliances, laundry and powder room, and second level: sparkling bathroom and two bedrooms (the master bedroom is especially large and provides ensuite facilities).Further features include secure car parking and reverse cycle air-conditioning. The location is ideal - you can virtually reach out and touch Central Melbourne sky-line. The Exhibition Gardens and all the delights of the inner city are just moments away.