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501/188 Peel Street

North Melbourne, VIC 3051, Australia
$168,000
1 bed 1 bath

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Area Price Guide
$157,920$178,080

Indicative price guide range

🏘️
70
Comparable
📊
$350,000
Area median
⚖️
-52%
vs median
🗓️
1 week ago
Listed

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About this property

Are you unhappy of 3% low term deposit from Bank? Are you tired of looking for new tenant frequently? $180K same as you buy a car, but got massive 11% return, your own ATM. Walking distance to Queen Victoria Market, Melbourne University, RMIT, Melbourne Central, all shops, restaurants, and tram shop just in front of your door. This modern designed student apartment on level 5 features proper living/bedroom size, open plan kitchen with electrical stove and plenty of drawers, separate bathroom and shower, furnished with bed, study table, fridge and microwave. Airconditioning is a must, also have nice city views. The building features communal laundry, on-site management & security, internet access, key-card access. Current rental income is $370 per week, which equal to 11% rental return! Vendor says sell. For more information, please contact Stephen Shen on 0468 955

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $814/month
    $407 /fortnight
    Loan $134,400 at 6.10% over 30 years

    Upfront costs

    Deposit$33,600
    Stamp duty$5,150
    Conveyancing (est.)$2,000
    Total upfront$40,750
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bedrooms
    1
    Bathrooms
    1
    Listed
    1 week ago

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