This stunning two bedroom two bathroom designer apartment located between Lonsdale and Little Bourke Streets on Spencer is bright and spacious and features a modern kitchen with Euro appliances, spaciously designed bedrooms, a good size 7 sqm balcony which is perfect for entertaining, two good size bathrooms including ensuite and a security car park as well as resort like facilities.

- Internal area: 63 sqm
- External area: 7.0 sqm
- Total area: 70 sqm
- Year Build 2013
- Bright north facing aspect with plenty of natural light.
- Bright north facing balcony
- Facilities include fantastic 25 metre swimming pool and well equipped gymnasium and sauna.

For investors, this apartment is currently leased at $700 per week up offering a great return for investors.

Something astute investors should also certainly note is that if you're in the market and looking at both short and long term benefits, the current rental income on this apartment will more than likely increase slightly over the next twelve to eighteen months and quite significantly over the next three to five years given the high rental demand for apartments in the Melbourne CBD, past trends and future forecasts.

Melbourne not only boasts the much envied accolade of the worlds most liveable city seven years in a row but the continuation of what is now by far the highest population growth rate in Australia - some 158,000 last financial year and this is certainly a secure indication of the direction of the future market from both a capital appreciative and rental perspective.

The ABS have also forecast that Melbourne will expand from 4.8 Million to 5 million people by June this year further reinforcing forecasts of a strong state economy and market stability based upon phenomenal population growth.
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Perfectly situated and close to all city amenities, Southbank, South Melbourne Market, Docklands, Crown Casino, Southern Cross Station, restaurants, Universities and all forms of public transport right on your door step.

INSPECT AS ADVERTISED OR CONTACT AGENT FOR FURTHER DETAILS.

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.