800 Swanston Street, Carlton, Vic 3053

Across the road from Melbourne University and with RMIT only a few hundred metres away, this student accommodation has a rental yield of $19,584 per year netting approx $14,500 after all expenses.
The the apartment is a massive 43sqm approx in size,
has secure access and 24 hours reception with night security, gymnasium, swimming pool, landscape gardens, sporting facilities and laundry on each floor.
Other features include fitted lounge, dining, study with 2 desks and chairs, kitchen and large bathroom, 2 single beds, heating, fan, gas cook top, fridge, microwave and TV.
Perfect for self managed super funds being positively geared, just simply purchase and forget about it till its time to cash out.