Grand opportunity for that astute investor to secure a great return of 7.25% (approx) with tenancy agreement in place until February 2011. Boasting 1 separate bedroom, 1 Bathroom, living area, kitchen with gas cooking appliances and private balcony. This complex also comprises security intercom entry, communal study lounge and communal laundry. All perfectly located to train and tram access, Swinburne University and walking distance to Chapel Street for shopping and restaurants.