105/500 FLINDERS STREET, Melbourne, Vic 3000

Sold: $165,000 (10-24-2013)

105/500 FLINDERS STREET, Melbourne, Vic 3000 3000
SOLD
  • hotel 0
  • hot_tub 1
  • directions_car 0

Located on the first floor of the very investor popular 500 Flinders Street (directly opposite Melbourne Aquarium) this 22 sqm studio apartment, partly furnished with a double bed and appliances is the perfect little city pad!

Just a couple of minutes walk to the centre of the city, or a minute across the bridge to Southbank, this little gem, currently vacant, is suitable for either the investor or owner occupier.

Formally a motel building in another life back in the 1970's, 500 Flinders Street is now home to everyone from Casino employees right through to owner occupiers who work in the city and require a convenient city pad during the week.

Tram stop right on your door step going east and west, Southern Cross Station just around the corner and walking distance to Etihad Stadium.

Incredibly low Owners Corporation Fees (Approx. $250 per quarter) and with an estimated rental income of $13,780 pa, an 8% return is quite achievable.

Situated just near the corner of King and Flinders Streets, this little cutie
is immaculately and very well presented.


INSPECT AS ADVERTISED. CONTACT AGENT FOR FURTHER DETAILS.

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