1312/570 Lygon Street, Carlton, Vic 3053

Ideally located on the corner of Lygon and Princess Street Carlton , strolling distance to Melbourne University, RMIT and the City Centre.

After your initial deposit, watch your investment grow as
this two bedroom apartment pays its self off without any further financial out lay from yourself.
It's perfect for a self managed Super fund or an astute investor looking to increase their portfolio without having to make a huge financial commitment.

Size 55 SQM
Rent $414 per week
Strata fees $3212.91 per year
Lease 8 years to the YMCA
Gross income $21,634.00 Per year
Out goings $6,363.84 PA
Net income $16,317.78

Features include:
-Absolute minimum vacancy rate
-Dual lift access
-Security entry
-City views
-kitchen with gas cooking and microwave
-Modern bathroom
-Study area
-Built in robe
-Heating
-Pool, Basket ball court and outdoor barbecues.

If you're looking for an investment property, which wont cramp your life style and deliver a huge percentage rental return annually, then look no further.