This first floor studio apartment is in a quiet attractive street close to public transport. The property features a spacious living/bedroom with built-in wardrobe and a newly installed carpet, a classic kitchen and a bathroom with a separate water closet. It is situated in a well maintained building with a competitive owner’s corporation fee of approximately $1,865.38c per year.
An excellent choice for first home buyers and astute investors looking to reap a great rental return. The property is a short distance from the shopping precinct of Fitzroy and Acland Streets with its trendy cafes, restaurants and gyms, and close to Albert Park Lake, Catani Gardens and the most popular beach in Melbourne – St. Kilda Beach.
Property’s rent is estimated to be between $280 to $300 per week.
There is a common laundry room with coin washing machines at the back of the building.
The property is currently vacant.
|R&H Suburb Summary||Houses|
|Number of sales||118|
|Median Rental Price||$655 p.w.|
|Change in Rental Rate (5yr)||15 %|
|R&H Suburb Summary||Units|
|Number of sales||334|
|Median Rental Price||$430 p.w.|
|Change in Rental Rate (5yr)||12 %|