Fantastic rental return of $16,164 per year coupled with low outgoings make this an exceptional investment opportunity. Located close to Melbourne university and RMIT this modern 1 bed apartment comes fully furnished In exceptional condition and with air-conditioning this is the ideal home away from home in a quality and popular building. Perfect for first home buyers or investors or as a alternative to renting while studying this apartment is priced right and has a current return of $310 per week or a 9% return on investment. This Robust investment property has a lease until 2021 and with basically no vacancy in the last 10 years this is ideal for investors looking at a high return property. Inside the apartment is well appointed with kitchenette, bathroom and balcony off the bedroom. A secure building it is serviced by a lift and also includes a laundry on the ground floor. The well maintained building has bicycle storage and an outdoor communal area. Perfect for any buyer looking to enter the investment market or as a city pad this property is sure to be popular. Extra features include: • Robust return and little to no vacancy • Fully furnished, move straight in • Located just outside the CBD • Close to public transport and universities • Close to Queen Victoria market, Melbourne central and Lygon Street • Secure building • This property is student accommodation only