L3 No 2 Brandon Park Drive,

Wheelers Hill, VIC 3150

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Sold

Student Accomodation Investor 6% return

 

PRICE REDUCED for a QUICK SALE To $160,000

G17/1728 Dandenong Road Clayton. 3168

INVESTORS !! INVESTORS !! INVESTORS !!

$160,000 including up to $10,000 of furnishings

Rent in 2023 = 335 x 52 = $17,420

Purchase price = From 160,000

Outgoings = $5,500

Positive Cash Flow 

( These calculations are not audited or considered to be accurate but it is advised that prospective BUYERS are asked to do their own due diligence and satisfy themselves for their own situations.)

Currently tenanted by a Monash Uni Student for 24 months until 12/1/2025

Continuous tenancy for the last 5 years. A fantastic opportunity for an astute Investor.

The building was built in 2016, opposite Monash University Clayton Campus, currently

managed by Student Housing Australia. SHA.com.au.

ROI is  9%; great addition to your property portfolio; If the mortgage is 100% the rental

will more than cover the Mortgage.

The rental is, as you can see it is positively geared and a sound investment.

This one bedroom apartment is student housing only and :

Is fully furnished

comprises of a galley Kitchen

Full sized double wardrobe,

Study nook,

Lounge TV room;

Bedroom with a Bed and side table;

Bathroom with shower, toilet and a basin.

There is no car parking that comes with the apartment, but can be leased from the management company, sha.com.au

1 1 26 m2
Address Unit 17/1728 Dandenong Rd, Clayton
Price SOLD
Property Type Residential
Property ID 11
Category Unit
Land Area 26 m2
Floor Area 24 m2

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Goki Prasad

0407 517 517
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