306 / 591-593 Elizabeth Street, Melbourne VIC 3000

STUDENT ACCOMMODATION
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 is positioned virtually overlooking Melbourne University and boasts an absolute minimum vacancy rate.
Gross Income $9912
Outgoings $3430
Council Rate $784
Water Rates $613
Net return. $6482.00
If you would like to invest, with absolute minimum risk and not be concerned about monthly repayments, then look at this property.