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Last Updated: 06/03/2013
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Quick Summary
THE NICHOLSON - an award winning building offering investors a choice of 1 or 2 bedroom established NRAS licensed properties (current incentive of $9,981 tax free p.a). All with long term leases in place, centrally located in Coburg - only 5 minutes from the Melbourne CBD, close to all amenities and public transport. A perfect long-term investment.
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Posted On:06/03/2013
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234/14-20 Nicholson (ST)
Property name The Nicholson
Floor level 2
Land size (sqm):55
Car spaces:1
Secure parking:Yes
Built-in robes:Yes
Gas heating:Yes
Open spaces:Yes
Listing status:Current
Investment opportunities don’t come much better than this, located in thriving Coburg just 7km from the city’s heart. The Nicholson apartment development harmoniously combines residential and retail spaces to create an enticing urban village.

A limited number of pre-tenanted NRAS apartments are being offered for sale by the developer. With a government incentive approaching $10,000 per year, owners of these apartments can generate positive cashflow on minimal deposits whilst the development location and profile is primed for capital growth.

The Nicholson places its residents squarely in the action. Close to the development a fresh mix of cafes, restaurants, music venues and unique store owners are establishing themselves along the bustling hubs of Sydney Road, Nicholson Street and the northern Lygon Street precinct.

Mindfully designed for sustainability, form and function, the Nicholson blends stunning architecture amongst the rich heritage of one of Melbourne’s most distinctive and vibrant inner-city suburbs.

Open and spacious planning with an emphasis on natural lighting and external views, all of the apartments offer extended living spaces by way of external balconies or terraces.

The interior living spaces are the result of well considered planning. The bedrooms feature built in robes and are carpeted for comfort.

Here is your chance to put a hard working investment property in your portfolio. These NRAS apartments are for sale with tenants in place and onsite property management ensuring your investment is profitable and secure. A full investment due diligence pack is ready to prove how these premium properties can generate a cash return instantly, all you need to do is view, decide and commit.
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Phone 0409772205
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