Unit 17 1728 Dandenong Rd Clayton VIC 3168
$175000

DESCRIPTION

PRICE REDUCED for a QUICK SALE To $180,000

G17/1728 Dandenong Road Clayton. 3168

INVESTORS !! INVESTORS !! INVESTORS !!

$175,000 including up to $10,000 of furnishings

Rent in 2021 = 270 x 52 = $14,040

Purchase price = $175,000

Mortgage is 100% = $175,000 @ say 5% = $8,750

ROI = 14.076 (1173.00 x 12) / 175,000 = 8.02%

Positive Cash Flow = Rent - Mortgage = 14,040 - 8,750 = $5,290

( These calculations are not audited or considered to be accurate but it is advised that prospective BUYERS are asked to do their own due diligence and satisfy themselves for their own situations.)

Last tenanted by a Monash Uni Student for 15 months until 12/1/2021

Continuous tenancy for the last 5 years. A fantastic opportunity for an astute Investor.

The building is 5 years old, opposite Monash University Clayton Campus, currently

managed by Student Housing Australia. Visit Website.

ROI is 8.02%; great addition to your property portfolio; If the mortgage is 100% the rental

will more than cover the Mortgage.

The rental is $1173 per month. As you can see it is positively geared and a sound investment.

This one bedroom apartment is student housing only and :

Is fully furnished

comprises of a galley Kitchen

Full sized double wardrobe,

Study nook,

Lounge TV room;

Bedroom with a side table;

Bathroom with shower, toilet and a basin.

There is no car parking that comes with the apartment, but can be leased from the management company, Visit Website

Ideal for a single student. Previously leased to a Monash Student. New Tenanvy to be announced in due course

Property Code: 11