306/32-34 St Edmonds Road, Prahran, Vic 3181

This fully furnished apartment is perfect for the astute investor that would like to add to their property portfolio or the new investor that desires an asset that may achieve a positive return. Currently leased at $12,252 per annum (approx) and with a lease expiring in 2015 this lease equates to an approximate 8.75% return which (if structured correctly) may give you an income and can be positively geared based on today's variable bank rates. Furniture includes a flat panel TV with built in DVD player, refrigerator, microwave oven, stainless steel cook top and exhaust fan, king size single bed with storage drawers, built in bookshelf, study desk with swivel chair and window furnishings. This property is one of the few that also comes with its own car accommodation (1 car). The price has deliberately been set to sell and all reasonable offers will be considered. Terms are very flexible so please call to arrange a private inspection.