406/591 Elizabeth Street, Melbourne, Vic 3000

A rare opportunity exists to purchase a cash flow positive investment property. We have a serious vendor, who has indicated they will sell at market value.
This student accommodation, positioned virtually over looking Melbourne University with an absolute minimum vacancy rate.
Gross Income..... $14, 076 per year
Out goings.......... $2,995.50 per year
Net annual return. $11080.00 per year these figures are estimates only and the buyer should refer to the Vendor's statement.
If you would like to invest, with absolute minimum risk and not be concerned about monthly repayments, then take a look at this property.