Looking For Value Student Accommodation... Or Great Investment
Have I got a deal for you. If you are cashed up, then read on. This 90sqm three bedroom city apartment is priced to sell at $230,000. And yes, there are some building issues so you potentially cannot use it as collateral. But what it means is that you have the opportunity to get returns over 9% nett. Now that's far more than what your bank is giving you right now, so in some ways it's a no brainer. Current appraisal rental income is over $650.00 per week easily for its central city location. For parents looking for a low cost university accommodation this would also be a big winner. Comes fully furnished. Carpark options available as well but an extra investment.