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North Melbourne 310/188-196 Peel Street

$220,000 - $242,000

Bed
1

Bath
1

One Bendroom Studio Apartment with Lease

Perfectly situated, this one-bedroom apartment offers convenient access to Queen Victoria Market, Royal Children's/Melbourne Hospitals, Melbourne University, and the Central Business District-all just a short stroll away. This building is well appointed with recreation/meeting room and 24 hour laundry in this walk to everything location.

Tenanted with $400 per week rental. The rental investment offers an exceptionally high return of 9.5%. If used for Airbnb, the returns could be even higher.

Features Include:
- 57 & 59 Tram Stops Nearby
- Stainless Steel Appliances
- Security Intercom
- Split System Heating & Cooling System
- Local Shops & Cafes Around the Corner
- Furnished & Fitted with Appliances
- Electricity and water included

Inspection by appointment.

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