8/198 Peel Street, North Melbourne, Vic 3051

Centrally located and currently tenanted, this one bedroom apartment provides astute buying for investor or first home buyer wishing to enter the property market, and includes:

• kitchen and living room
• external east facing balcony and newly installed reverse cycle air conditioning in the living area
• separate bedroom with built in wardrobe plus light well within the bedroom
• en-suite bathroom (with laundry taps)
• off street secure basement car parking

Located within an established building and slightly elevated from street level, there is privacy for occupants and the benefit of east facing aspects with outlook towards Melbourne University campuses. In addition, the apartment is at the end of the corridor thus lowered noise from other building occupants – overall a private and convenient offering.

Recently painted and recarpeted, this appealing apartment currently enjoys a secure tenancy with house proud tenant paying $1,477 per calendar month currently (increasing to $1,521 in August 2014).