The Phone Code for this property is: 87187. Please quote this number when phoning or texting.

Looking for a high-yield income-producing asset? Look no further!

This recently renovated 1 bedroom apartment, complete with a parking spot on its own title, is a gold mine for investors. Other features include a new stove, a new wifi split system, and has been freshly painted.

Situated on the corner of Chapel Street and Alma Road, this unit is in a prime location, within walking distance of local attractions, the beach, the city, Albert Park Lake, and all amenities. Plus, convenience is at your fingertips with a tram stop virtually outside your door.

Investors take note: This property is currently being used as an Airbnb and has generated a healthy return of $20,800.00 from December 2022 to July 2023, averaging over $2900 per month.

Purchase this apartment and start earning a return immediately or move in yourself - the choice is yours.

Council rates - $744 per annum
Owner Corp - $502 per quarter

Don't wait. As soon as you have your finance, pre-approved, schedule an inspection before this opportunity slips away! Please call for a private inspection.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.