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84 Mary Street
Richmond

$799,000

84 Mary Street, Richmond

Ref: 26531

Investment property - prime location

As 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

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84 Mary Street, Richmond

Ref: 26531

Web Reference 26531
Property Type Unit
Bedrooms 8
Bathrooms 4
Land area 673sqm
Property Features

Heating: Electric heating

Living Room: 4

Kitchen: Designer/modern, Electric cook top

Interior Features: Paint

Flooring: Carpet, Vinyl

Windows: Aluminium joinery, Double glazing

Hot water: Gas

General Features: Architect designed, Sunny, Quiet

Exterior Construction: Brick

Aspect: North

Roof: Colorsteel

Views: Town

Sewerage: City

Insulation: Insulation in ceiling and walls

hoamz accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify all information.

Richmond