2213/570 Lygon Street, Carlton VIC 3053
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Strong 8.5% Gross Yield on a Quality Asset
Set well back from the street in the popular College Square complex, this second-floor apartment presents an affordable entry into Carlton or a rewarding set-and-forget investment opportunity. Previously returning $28,531 per annum in rental income, the property also offers transparent annual outgoings with Owners Corporation fees of $4,333.04, General Rates of $924.39, and Water Rates of $737.06.
Corner positioned for an abundance of natural light, the apartment itself comprises two sizeable bedrooms, each with built-in robes and integrated workstations. Add to this a neat central bathroom, open living/meals area with an elevated outlook, and an adjoining kitchen complete with a gas cooktop.
Other features include panel heating (x3) and high ceilings throughout, plus a secure foyer with fob entry, as well as residents' access to a games room, BBQ area and bicycle parking.
A short stroll to Melbourne University along with Lygon Street's renowned cafes, bars and restaurants, it's also close to shops and supermarkets, Nova Cinema, city-bound trams and Parkville's hospital precinct.
Corner positioned for an abundance of natural light, the apartment itself comprises two sizeable bedrooms, each with built-in robes and integrated workstations. Add to this a neat central bathroom, open living/meals area with an elevated outlook, and an adjoining kitchen complete with a gas cooktop.
Other features include panel heating (x3) and high ceilings throughout, plus a secure foyer with fob entry, as well as residents' access to a games room, BBQ area and bicycle parking.
A short stroll to Melbourne University along with Lygon Street's renowned cafes, bars and restaurants, it's also close to shops and supermarkets, Nova Cinema, city-bound trams and Parkville's hospital precinct.
