310/39 Lonsdale Street, Melbourne, Vic 3000

An amazing investment property with exceptional returns and minimal vacancy rate. This apartment can also be owner occupied by non students.

Just footsteps away from everything that Melbourne has to offer. Live in yourself or rent it out, with an occupancy rate averaging an outstanding 95%+ this investment will provide a consistent stream of income.

This studio apartment measuring up at approximately 25-30 m2, is located on the 3rd floor which is fully furnished and includes all the essentials of a modern apartment such as a modern kitchen, formal bathroom, heating/ cooling system.

Calculating a massive rental return of $1,647 per month over 10% gross return.

Nestled right in the heart of the Theatre precinct of Melbourne, its a great area to make the most of Melbourne's nightlife and shopping.

Apartment features include:
Fully furnished, light and spacious apartments
Self contained kitchens including microwave, refrigerator, cook top
Reverse cycle air-conditioning/heating
Intercom/security access
Broadband internet access
Modern furnishings, fixtures and fittings throughout

Council rates approx: $350
Body corp approx: $3000