Incredibly priced this ultra-modern single bedroom ground level apartment boasts a functional floor plan and private courtyard. A car space and storage shed are on title. Built in 2009, the building provides laundry facilities, recreation room and more. Apartments in the building return around $1,000pcm with car spaces offered separately (or with the dwelling) for an additional $80 per week. The storage unit can also be leased out separately. Approximate returns of around $16,000 per year. An estimate of outgoings are as follows: Land tax:$47.88 p.a. Rates: $305.60 pa. Water: $540.00 p a. Rental management: $1,000 pa. Owners corporation: $1,945.56 pa. TOTAL: $3,840 NOTE: Outgoings are tax deductible expenses that can be claimed in your annual tax return; please refer to your accountant. This student focused investment offers accommodation for casual, part time and full time students. Owner occupiers welcome (subject to some criteria). Located a very short walk from Deakin University, the new Burwood Brickworks Shopping Centre and offering a choice of tram or bus transport services you will further benefit from a fabulous array of nearby cafes, restaurants, shops and supermarkets and sporting fields.