Melbourne Possibilities

Hi all.

First up, a 2br 70's apartment in North Melbourne. Potential to add $30k value.

Secondly, some very funky serviced apartments in the top end of Flinders Lane. 6-6.5% net return. Big plus is that they a dual use capacity. ie: they can always be used as an everyday rental or owner occupier should the operater end the lease. They have a fully appointed kitchen and seperate bedroom as opposed to some that are like motel rooms and are only designed for a single purpose use such as student accomodation.
Actually, if operator went broke, they would do you a favour as units would be worth $30-$40k more on the open market.

Call on 0412 687 147 if further details are required.
Sam Vannutini.