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  • 403/188 Peel Street, NORTH MELBOURNE, VIC 3051

403/188 Peel Street, North Melbourne, VIC 3051

  • 1 Bed
  • 1 Bath

For Sale

$185,000

Strong return with long secure lease!

Situated within metres of the Queen Victoria Market, Royal Melbourne Hospital and CBD is this wonderful investment returning $16,640.00 per annum which returns net-7.1%, increasing by CPI annually. Accommodation includes: one bedroom, bathroom, living area, kitchenette and balcony with City Views. This fully furnished apartment is being sold with long term lease which ensures strong future growth and security through long term tenancy. You will not find a better return
- even from the bank so be quick as these apartments sell quickly. Inspection by appointment only

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avatar Pieter Speziale
Pieter Speziale
Sales Manager / Auctioneer / Fully-Licensed Estate Agent

Got a property to sell? Contact us for a free Request Appraisal

Property Info:
  • Property ID: L26189623
  • Property Type:Studio

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Colin Hawkins

Mortgage Broker

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We Know Your Area

R&H Suburb Profile: North Melbourne
R&H Suburb SummaryHouses
Number of sales65
Average Price$1,573,882
Median Price$1,350,000
Median Rental Price$700 p.w.
Change in Rental Rate (5yr)17 %
R&H Suburb SummaryUnits
Number of sales179
Average Price$519,954
Median Price$480,000
Median Rental Price$530 p.w.
Change in Rental Rate (5yr)18 %
Median Trend - $1,350,000

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