110/386 Burwood Highway, Burwood, Vic 3125

Superbly positioned opposite Deakin University this professionally managed low maintenance student accommodation is an astute investment opportunity for those who are looking for an affordable alternative to the property sector.
The fully secure modern apartment block offers secure intercom entry and 24 hours video surveillance ensuring a safe environment for all residents. The simple practical layout features 1 bedroom, a walk-thru kitchen with gas cooktop, microwave, and fridge. Bathroom with shower, WC, basin plus living, meals, bed and study space.
Within stone throw to Deakin University, Burwood highway tram line to Ethihad Stadium (Docklands) and Vermont South Shopping Centre, nearby Burwood One shopping center and Burwood Heights shopping strip.
Other amenities include secure car spaces available for rent, air conditioning, bicycle storage, communal laundry, library and shared common room.
The unit is returning a handsome return of $1,325 per month ($15,900 pa).
Outgoings
* Owner Corporation is approximately: $2,072.8 pa
* Water Rates is approximately: $772 pa
* Council Rates is approximately: $344.75 pa
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Total outgoings are approximately: $3,189.55
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Therefore your return is approximately: $12,710.45/yr, which is a whopping 9%+ return on investment.
Take the opportunity to make your portfolio stronger than it currently is!
Call Alex to discuss further.