Historic former nurses quarters within classic solid brick heritage building now provides first grade student accommodation with healthy rental returns. Superbly positioned adjacent cosmopolitan Smith Street and enjoying close proximity to many iconic Melbourne landmarks and the CBD, a rental return of approx. 7% clearly beats anything your bank may be offering. Comprising relatively generous open plan living with well equipped kitchen, separate bedroom, and ensuite bathroom. A high return investment in a proven capital growth location.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.