PERFECT INVESTMENT OPPORTUNITY! - $120000

Description

Part of the Armadale Serviced Apartment complex this one bedroom investment returns $9,228 per annum with regular rent increases according to the CPI (due March 2009). Comprises: - Fitted kitchen overlooks living room - Double bedroom with built-in robes - Bathroom with shower - Off street parking on title - Central position with easy access to Chapel Street, St Kilda, CBD & public transport & shopping. Securely leased on a fixed term lease through Armadale apartments until 2016, with guaranteed rent payments this is a hassle free investment. Call now to inspect.