The historic nurses quarters at Cambridge Court presents a rare opportunity to secure a well appointed one bedroom student apartment with a yield on investment of up to 8%.
The apartment enjoys a corner position in the complex, offering light-filled living made possible by the large windows which also boast great views, a well equipped kitchen, spacious bedroom and separate tiled bathroom. Along with shared facilities such as the rooftop terrace, communal courtyard and garden and shared laundry, theres nothing more that is needed.
Located just a short walk from Australian Catholic University, restaurants, bars and cafes on Smith Street and Brunswick Street, the expansive Fitzroy Gardens and with easy access to Melbournes CBD and other centrally located Universitys such as Melbourne Uni and RMIT this is a hub for everything students need.
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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.