$130,000 - $143,000

204, 60 Garden Street, South Yarra, VIC 3141


Investors - 8.6% rental return in South Yarra!

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This quality student accommodation apartment is located just metres from the Jam factory and shopping precinct in the heart of South Yarra.
A short walk to South Yarra or Hawksburn Train Station means your students will be at any major school or university quickly and easily.

Currently rented at $265pw, there is a rental return of 8.6%. With very reasonable outgoings, there is an actual return of approx 6% after expenses.

Features include:
Timber floors
Single bedroom with door for privacy
Kitchenette
Study area
Tiled bathroom
Security entrance

Shared facilities include:
Laundry
Bike Rack
Common Area

Having been recently renovated, and the furniture included there is nothing left to do but enjoy the returns of this positively geared investment.

LOCAL SCHOOLS

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DEMOGRAPHICS

Population
Average Age
57% Owner
32% Vacancy Rate
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