2109/570 Lygon Street, Carlton, Vic 3053

REAP THE BENEFITS OF THIS POSITIVE CASH FLOW INVESTMENT

Fabulous location close to Melbourne Uni and RMIT.
Partly furnished.

Open plan lounge/kitchen/meals area, 2 bedrooms, with built in robes, plus retreat/study, includes; gas hot plates, microwave convection oven, fridge, table & 3 chairs, 2 seater couch, 3 panel heaters, bed base & mattress x 2.
Facilities include; outdoor heated swimming pool, lifts, tennis courts & gym.
Property to be sold subject to existing tenancy managed by YMCA. Lease in force until 1st February 2015 at a monthly rental amount of $1999.

CURRENT RENTAL RETURN $24,000 P/A APPROX OR 8% RETURN APPROX.