818/585 La Trobe Street

Affordable Investment in Prime Position - 11.56% Return

Potential rental yield of 11.56% (based on an expected rent of $550 per week and sale price of $248,000)

Situated on the 8th floor of the popular Harbour Views complex, this neatly presented 1 bedroom (plus car parking) apartment delivers low maintenance and the promise of high returns with the best of the CBD on your doorstep. Take an easy stroll to Marvel Stadium, universities, Flagstaff Gardens, Queen Victoria Market, the Victoria Harbour precinct, a world of public transport choice and so much more!

Freshly painted with brand-new flooring and blinds, a compact living and dining area is underscored by a streamlined kitchen with a 4 burner Blanco electric cooktop plus space for a dishwasher. The mirror-robed bedroom enjoys plenty of natural light while a sparkling bathroom is graced with a walk-in shower and a wall-to-wall mirror. Step outside into the fresh air and take full advantage of your very own balcony running the full width of the apartment.

Additional features include the rare addition of secure car parking, a concealed laundry, split-system heating and cooling, secure intercom entry, lift access, low owners corporation fees and private access to a fully equipped gym for residents. First homeowners will appreciate the value, astute investors can pocket the high returns, while those searching for an affordable short-stay opportunity will reap the rewards in a high-demand pocket of the CBD. Inspect today!

Outgoings:
Council Rates: $165.75 per quarter approx.
Water Rates: $170.00 per quarter approx.
Owners Corporation Fees: $972.00 per quarter approx.

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.