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Property DetailsAs a rental investment this purpose-built accommodation is hard to beat. Four two-bedroom flats mean there's potential for 4 income streams. Covering 254sqm of floor space, the plans provide ample living/kitchen space for each unit, along with a bathroom and separate toilet. Projections show there's the potential for yields of upwards of 8% in an unfurnished state, and more should you choose to furnish. Created with the student market in mind, the property is close to SIT, city and Queen's Park and sits on 673sqm of land. A genuine opportunity exists - pay 10% deposit now and the balance upon completion. • Four two-bedroom flats purpose-built for the burgeoning accommodation sector • Construction commencing November, estimated for completion end of April 2017 • Clever layout to maximise rental returns
Additional Property InformationThis listing located at 84 Mary Street, Richmond has eight bedrooms and four bathrooms. The property is currently offered at $562,122.
This property is listed by Ross Malcolm of hoamz located in New Zealand.