306/188 Peel Street, North Melbourne VIC 3051

Cosy City Fringe Living

The quaint Peel Street studios boast a humble city lifestyle perfect for any student or investor.

The apartments are positioned on the fridge of Melbourne CBD with public transport at the doorstep and walking distance from:
University of Melbourne
Queen Victoria Market
Melbourne Museum and IMAX theatre
Royal Exhibition Building
Carlton Gardens
City Baths
State Netball and Hockey Centre
Royal Park
Princes Park Stadium
Royal Melbourne Hospital
Royal Children's Hospital
Royal Women's Hospital
Flemington Racecourse
Melbourne Zoo
Melbourne Showgrounds
Lygon Street restaurants

The studios are fully furnished with private balconies and split system heating and cooling. The complex features an elevator, resident manager, security entry/foyer, CCTV security, tour desk, guest laundry, dedicated luggage/bicycle storage and wifi.

Tenants currently paying $285 weekly giving a rental yield of 8.01%. A truly great investment!

Perfect for a Self Managed Super Fund or investment. We can arrange a financial adviser & finance broker to speak with you regarding options for purchasing this investment. Banks generally lend 50-60% of the purchaser price, therefore the purchaser will need 40-50% deposit/equity in the apartment. They are class as short term/student accommodation, not for normal residential.