706/591-593 Elizabeth Street, Melbourne, Vic 3000

This studio apartment in the City fringe is a very sought after investment choice. With all the facilities on offer as well as the location these student accommodation units are always leased out at a brilliant rate. These properties offer the chance to invest in a growing trend for student accommodation. These apartments will give you the chance to buy your first investment or increase your portfolio with confidence. With a Gross rental return of $12516 this fully furnished apartment comes with fridge, phone, bed, sofa, cupboards, student desk and more. Located near Melbourne uni and close to transport, Vic Market and restaurants/ cafes these are an attractive opportunity for students.Gross rental return is $12516. All outgiongs total $2079 per year. Net return is $10437. This means it is a perfect investment. They can be owner occupied as long as the owner has a student card. Please call for an inspection.