High Yielding Investment
Why bother with the stock market when you can get returns like this! Investors be sure to move quickly as this prime investment opportunity will not last long. Located in one of Hawthorns most desirable pockets, this near-new, studio student apartment is only a stones throw away from Swinburne University, tram and train stations and Glenferrie Road shops. The apartment is fully furnished and comes with undercover car park on separate title, rear courtyard as well as the use of common areas. Apartment is currently tenanted until Jan 2010 at $847.00pcm and car space is leased at $100.00pcm, resulting in a high-yielding (approx 7.65%) and possibly cash-flow positive investment from day one, this is an extremely rare investment opportunity that is not to be missed. Melway Ref 45C12.