Rare Opportunity! Rental yielding 7% return!

Located in the amazing Mosaic apartment complex, this property will appeal to everyone from the first home buyer to the astute investor with its immaculate presentation & ideal position. Open plan living meets functionality, with:


- Large bedroom with BIR and bathroom access
- Central bathroom with adjoining European laundry
- Modern kitchen with stainless steel appliances and dishwasher
- Reverse cycle heating and cooling
- Secure car park and storage cage

This well-designed home is full of convenience being close to all amenities, with a bus stop right outside the property and 5 - 10 minute's walk to the train station. It also has an good sized balcony, downlights, large communal garden and sitting area with barbecue.

Property is part of the NRAS scheme. This means the owner receives a refundable tax offset or a cash payment of $8394.10 (commonwealth) and $2798.03 (state) per year.
Property is currently tenanted for $260 per week.
Total yearly profit equates to $24712.13 or retrospective weekly amount of $475.
Any other questions regarding this incentive please give us a call.

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Main Property Features

Listing Number: VDD5684

Property Type:
Apartment
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Harcourts Dandenong

2/82 Cheltenham Road
Dandenong
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Property Documents for 421/80 Cheltenham Road

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