How does a NET 4% return sound?

SOLD - This listing was sold in September 2019
Please Note Entrance Is From Thiele Street

Calling all Investors or First Home Buyers.

This a rare opportunity to break into the residential investment market with this affordable property offering a massive 4% NET RETURN.

This 1 + STUDY apartment in the fabulous "Arcadia" residential complex is perfectly positioned to take in schools, shops, parks, and transport all within reasonable walking distance. Exceptionally presented and set at the rear of the development with access from Thiele Street it offers a large balcony with stunning views to the north and out to the Macedon Ranges. Stylishly finished yet low in maintenance, it's perfect for those looking for easy lifestyle living, and ideally would suit professional couples, investors, empty nesters and especially first home buyers wanting to establish themselves in a thriving location with facilities galore all close by. An excellent large and bright open-plan living kitchen features gleaming hardwood flooring, a modern two pack kitchen with stone benches, Smeg stainless steel appliances and access to a private balcony. The bedroom is generously proportioned and serviced by a contemporary marble benchtop bathroom, separate laundry, central heating and cooling, intercom and single car space.
Perfectly positioned close to Doncaster Shoppingtown, Doncaster Primary School, Doncaster Secondary College, Schramms Reserve and the Eastern Freeway providing easy access to the CBD & Peninsula.

Read More Read Less

Main Property Features

Listing Number: VSC2786

Property Type:
Apartment
Property Features:
Smoke alarms, Intercom
Tenure:
Freehold
Approx year built:
2013
Property condition:
Excellent
House style:
Contemporary
Unit style:
Lowrise, Number of levels: 3
Garaging / carparking:
Single lock-up, Auto doors (Number of remotes: 1)
Construction:
Concrete
Walls / Interior:
Gyprock
Flooring:
Timber, Carpet, Polished and Tiles
Window coverings:
Blinds
Heating / Cooling:
Reverse cycle a/c, Central heating
Electrical:
TV aerial
Chattels remaining:
Blinds, Fixed floor coverings, Light fittings, Stove, TV aerial
Kitchen:
Modern, Dishwasher, Separate cooktop, Separate oven, Rangehood, Double sink, Breakfast bar and Finished in Other (Composite Stone)
Living area:
Open plan
Main bedroom:
Double and Built-in-robe
Additional rooms:
Office / study
Main bathroom:
Separate shower, Heater
Laundry:
Separate
Views:
Bush
Aspect:
North
Outdoor living:
Verandah
Fencing:
Fully fenced
Grounds:
Landscaped / designer, Tidy, Manicured
Water supply:
Town supply
Sewerage:
Mains
Locality:
Close to schools, Close to shops, Close to transport
Read More Read Less

Your enquiry has been sent. Thank you.

Harcourts Select

599 Whitehorse Road
Surrey Hills
Office website or View office details

Property Location