518/9 High Street, North Melbourne, VIC 3051

Phone enquiry code for this property: 8109 Bright interiors comprise of a neat living area with study desk, a modern kitchen space featuring Caesarstone benchtops, stainless steel gas appliances and tiled splash backs, and a bedroom (bed and reverse cycle A/C unit included) enjoying a clear easterly outlook over tree-lined Flemington Rd. Featuring a bedroom with double bed and a separate modern bathroom, a modern kitchen with microwave, bar fridge and gas cooking, separates living space with study desks, TV, high-speed internet point, heating and cooling. 22sq metres of living space. Trams are on the doorstep heading for the nearby CBD. (Tram No 19, 55, 57 59) Brilliantly located moments to : • Melbourne University • The Royal Melbourne Hospital • Children’s Hospital • Women’s Hospital • The expansive surrounds of Royal Park • North Melbourne cafes • Carlton restaurants • Fresh produce of Queen Vic Market. The common facilities at Sunshine Apartments include : • Student lounge and TV • Study area • Free ironing and Laundry (coin-operated) • Bicycle storage • Video Security • The on-site, friendly staff help students feel at home. You will feel secure, with the nightly security patrols and personalised proximity cards, which are required for building access. Sunshine Apartments have a large sinking fund and this unit has low body corporates. The income is. Rent: $3770 per quarter. Rates: $356.58 per quarter Owners corp: $450 per quarter Water supply is variable but allow $200 per quarter absolute max (normally $150) Electricity is the tenants' responsibility Water usage is the tenant's responsibility Gas is included in the Owners Corp This represents a 7% return (on the sale price of $160000). In addition there is extensive depreciation available, as the building construction completion date was 7 March 2010. You have the option to self-manage, or lease the apartment through onsite managers. - Potential rental income: $300.00 per week North Melbourne's best value university accommodation. ==================================================== Leased until July 2019, depending on your requirements. When inspecting please ring the bell 603 on 9 High Street, and I will let you in, then go up to the 6th floor or call. Phone enquiry code for this property: 8109