1008/39 Lonsdale Street, Melbourne, Vic 3000

This well presented, 2 bedroom, fully furnished apartment is PERFECT for the investor. Sit back & reap $531.46 a week positively geared rent or move in and use your First Home Owners Grant. Conveniently located just moments away from Parliament Station and within walking distance to all the language colleges, as well as RMIT University, this well priced investment surely will not disappoint. Comprising, reverse cycle heating and air conditioning, together with on site laundry facilities, this property has everything a tenant requires and more. Currently returning $2303 per month till 20th January 2010, with rental reviews each year, this property is perfect to add or begin any investment portfolio.