Apply the KISS principle!
Keep it simple, stupid!
It doesn't take an economist to understand the Melbourne property shortage, driven by an oversupply of tenants and an undersupply of property.
Interest rates are coming down subject to the 'Reserve Bank of Australia's' decision in early 2025. Once interest rates drop, competition for properties such as this one will be intense. So, get in before this new wave of demand pushes prices up.
One bedroom properties such as this 'Gem' in Duggan street are more cost effective to BUY than RENT, despite interest rates being at a all time high relative to the medium house price in Melbourne. Stop paying some else's mortgage!
First home buyers can purchase with as little as 5% deposit (Approximately $18,000) and pay ZERO stamp duty. Ask me how!
This unit enjoys an independent access to Duggan street, perfect for 'pet friendly' living or family and friends dropping in.
Other Features Include:
East facing orientation
Private Patio with street access
Secure Car Park
Gas cook top, electric oven and full dishwasher
Floating Bamboo flooring
Spacious shower and bathroom
Close proximity to Melville Trams and a stones throw from City Link access.
Cafes and Convenience Stores within the immediate vicinity
Recreation facilities and bike trail to the city on your doorstep.
As new, this is a cracking opportunity.
For more information please contact Tim Harris on 0407 035 288
Features
- Air Conditioning
- Split-System Air Conditioning
- Split-System Heating
- Courtyard
- Fully Fenced
- Outdoor Entertainment Area
- Remote Garage
- Secure Parking
- Broadband Internet Available
- Built-in Wardrobes
- Dishwasher
- Floorboards
- Intercom
