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Box Hill 41/5 Archibald Street

$140,000- $150,000

Bed
1

Bath
1

Blue Chip Investment - Fully Renovated Apartment Close to Box Hill Centre

If you are seeking a strong cash-flow performer to add to your investment crown, look no further than this one-bedroom apartment. Built in 2009 and nestled within vibrant Box Hill, this 1 bedroom apartment is a perfect entry into property investment or owner-occupier. The contemporary complex features secure entry and intercom, plus a communal laundry and lounge area.

Comprises an open-plan living/dining zone open onto a private balcony. Features bedroom with ensuite, reverse cycle split system, adjacent to the kitchen. A spacious modern bathroom boasts a stone-topped vanity, whilst the kitchen features a stainless steel gas cooktop, complete with a bar fridge and microwave oven.

The nearby convenience is outstanding: walking distance to Box Hill TAFE, Gardens, hospital, trams, buses and train station, plus Box Hill Central. With the increasing number of students seeking accommodation in a position like this, this apartment could be an ideal investment.

The property is currently vacant for sale and if leased out the rental income will be approx. $350 per week or $18,250 per annum. The Apartment size is approx. 26 sqm.

The outgoings for this apartment are as follows:
* Body Corporate Fees: $550 per quarter (approx.)
* Council Rates: $371 per annum(approx.)
* Water rates: $193 per quarter (approx.)

What this apartment has to offer:
- Stylist stone kitchen
- Secure entrance
- Public lounge
- Private Balcony
- Gas Cooktop
- Communal laundry
- Partly Furnished (Reverse cycle split system, Fridge, Microwave)

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