Little investment with huge rental return 8%! Only minutes walking distance to Melbourne University and RMIT.This delightful studio apartment only minutes away from Melbourne University, RMIT, Royal Melbourne Hospital, Royal Park and Queen Victoria Market with all transport and services at your doorstep.Featuring a bedroom with double bed and a separate bathroom, a modern kitchen with microwave, bar fridge and gas cooking, separates living space with study desks, TV, high speed internet point, heating and cooling, cutlery and crockery provided, modern bathroom. The building has security entrance & video security surveillance, on site management, lift access to all floors, common lounge, communal laundry and bicycle storage.This studio has been leased out till July 2014 with $1220/per month rent.