Great Opportunity, Price reduced

A rare opportunity exists to purchase a cash flow positive investment property in this tightly held building, leased at $840 per month, returning approximately 6.3%.

 
The student only apartment positioned just behind Burwood shopping strip, with tram route 75 along Toorak Road to Burwood train station & to CBD, and bus to Chadstone & Box Hill. Walk to Deakin Uni.

Fully furnished, this well maintained first floor student accommodation apartment features secure intercom entry, internet provision, external storage cupboard, 2 common garden areas and communal laundry.

A boutique building of just 32 units, the high occupancy rate is testament to students appreciation of this excellent location.

Contact Agent today for an inspection (Photo ID required).