1030/43 Therry Street, Melbourne, Vic 3000

Sold: $170,000 (02-13-2016)

1030/43 Therry Street, Melbourne, Vic 3000 3000
SOLD
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In one of the city's best locations where you're only a short walk to Queen Victoria Market, RMIT University, University of Melbourne, and an abundance of great CBD attractions, this fully-furnished studio apartment in the Skylounge building is an amazing investment opportunity.
Completely low risk and with great allure while not being exclusively student accomodation, buyers may receive up to a
$15516.80 per year plus over $10,000* in nras incentives. In total you are looking at a massive return of over 16%. There is also the option to owner-occupy and live in the apartment yourself.
Located on the 10th floor, this retreat features a sizeable living and sleeping area with study desk, mirrored built-in robes, and mounted flat screen TV, separate kitchen with stone bench and stainless steel Nobel cooktop, stylish and spacious bathroom, reverse cycle heating and cooling, and key card entry.
You're also close to the State Library of Victoria, Melbourne Central, QV shops and restaurants, trams, trains, and a short walk to Flagstaff Gardens, Carlton Gardens, and the iconic Lygon Street.

*NRAS incentive is based on

-an Australian Government contribution of $7,763 per dwelling per year (as a
refundable tax offset or payment); and
-a State or Territory Government contribution of $2,587 per dwelling per year (in
direct or in-kind financial support).

term of NRAS incentive is 10 years