• $255000

2003/288 Spencer Street, Melbourne, Melbourne, VIC 3141

Money making machine on the edge of the CBD grid.

 

Cheap to keep: outgoings under $3,000pa

Significant yield: in excess of 7.5% gross

Cash flow positive for most

Almost zero vacancy rate

Newly furnished throughout

Set and forget investment

New lease at $381pw expires July 2017

This large studio apartment boasts great views over Docklands and features high quality amenities. Fully furnished and with brand new tenants what more could you ask for?

 

You name it, it is within walking distance of this spectacular opportunity.

 

Whether you are a seasoned investor or a first timer starting a portfolio, then look no further than this treasure.

 

Inspection strictly by appointment with the agent.