6/16 South Circular Road, Gladstone Park, Vic 3043

Ideal for retirees or investors wanting to rent it to individuals who meet the 55+ age criteria, this nicely presented one bedroom unit with immediate access to the Gladstone Park Shopping Centre offering a myriad of shops, medical practitioners and eateries, not to mention the parklands and public transport practically at its doorstep.

Set in a securely gated complex, freshly painted and carpeted and enjoying sunny gardens, this unit comprises living room, kitchenette/meals, reverse-cycle air-conditioner, security intercom, bathroom/laundry and courtyard.

With other one-bedroom units selling in the $200,000-$220,000, you'd better call without delay to arrange your inspection before it becomes somebody's Christmas present.

Investors: Please note that you stand to collect $230/week rent which would be quite a rewarding investment as well.