Homes Group Estate Agents are proud to present for sale 506/51 Gordon Street, Footscray.
A great opportunity to secure a high yielding investment currently returning $9,876p.a.
Currently tenanted as student accommodation for the near by Victoria University Footscray Park campus and located on the corner of Gordan Street and Ballarat Road. Located only ten minutes from the CBD, walking distance to VU Footscray Park, a short drive to Highpoint Shopping Centre, Footscray Station and the heart of Footscray with access to trains, buses and trams.
The studio apartment comprises one bedroom with BIR one bathroom, kitchen and meals and balcony access. It also features communal area, down stairs shopping facilities and on-site building manager that handles day-to-day operations.
The apartment has been well maintained and updated.
Victoria University Footscray park offers education to many foreign and out of town students that require accommodation throughout the course of their studies, this is a great opportunity to secure an investment that will create cash flow over the long term to meet the demand for student accommodation in the area.
For more information regarding 506/51 Gordon Street, Footscray please call Homes Group Estate Agents on 03 9311 6161.