This inviting one bedroom single level unit is ideally situated in a location loaded with lifestyle advantages sure to appeal to first home buyers or astute investors with close proximity to Melbourne’s CBD. Walking distance to bus services and parklands whilst directly opposite are a number of specialty shops including an IGA supermarket, child care centre and café. The light-filled interiors reveal an open living room with electric heating, spacious kitchen area and flowing on you have the dining area and huge lounge room that is perfect for entertaining. Hosting one large bedroom with BIR’s, bright bathroom, lockup garage and a large court yard to sit back & enjoy.
Note: the property is currently under the NATIONAL RENTAL AFFORDABILITY SCHEME (NRAS).
Meaning: Investors receive a tax free incentive of $11,000 per annum indexed annually for a period of ten years, with 6 years still remaining for the scheme. This property is currently leased periodically for $1,081 per calendar month and the grand total income is $23,972 per annum.
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