905/131 Pelham Street, Carlton

This superb student accommodation apartment offers super high returns will very low outgoings, at an affordable price. Located on the 9th floor of the MiCasa8 apartments, facing north towards Melbourne University, this investment opportunity is second to none when it comes to cash flow. Close to Lygon Street, public transport, major Universities and hospitals, its no wonder the vacancy rate is close to 0 in this building. Offered fully furnished, with reverse cycle air conditioning, open plan living/bedroom, study nook, private bathroom, balcony, communal laundry and bike storage, plus secure foyer and lift access, this building is a one stop shop. Currently tenanted on a fixed term lease, inspection is by appointment only, so call us today to see how the numbers really stack up. Income: $18,250.00 per annum (approx.) Outgoings: $2,723.88 per annum (approx.)