204/45 Victoria Parade, collingwood
Cambridge Court - circa 1920’s
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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.
Suburb Profile collingwood
Collingwood is located 3 km north-east of the CBD, it has layers of local history, infamous characters, quirky creativity and effortless charm. An ever-increasing number of bars and restaurants makes Collingwood one of Melbourne's top dining and bar-hopping suburbs. Collingwood features a number of art galleries including Backwoods and Australian Galleries. Collingwood also has factory outlets flanking Smith Street with interesting shops. The suburb features a number of open spaces including Cambridge Street Reserve, McNamara Reserve and Peel Street Park.More about this suburb