The purchase price for this property was $200,000 plus. I'm selling this property at a loss to offset the capital gain tax transpired on other properties, that's all. So any direct and unconditional offers above $165,000 with short time of settlement, will be considered seriously. Please note the following important facts before making any further inquiry: This is ONE bedroom student apartment i.e. ONLY students are allowed to live and/or lease apartments in this building complex. Situated very close to Melbourne University, RMIT, Queen Victoria Markets and the Melbourne CBD. This stunning 1 bedroom apartment is fully furnished, air-conditioned and comes complete with modern kitchenette, modern bathroom and study area. The apartment also includes access to communal areas such as a secure terrace and BBQ area and a large student lounge. All the upgrades are included like micro wave oven, dishwasher, fridge, kitchen cutlery, TV/DVD player. $1424 per month guaranteed rent through UNILODGE. Present 1 year lease is up to January 2018. Approximate outgoing yearly expenses are: a)Two Body Corporate together $1900, b)Water bill $600 and c)Council Rates $450. Any offer above $165,000 will be considered. Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.