Adjacent to the Plumer Street entrance of The Australian Maritime College and purpose-designed for student accommodation, this well-established, ten-bedroom, five-bathroom townhouse will have investors scrambling. In a small complex offering plenty of parking, this property offers an excellent rental history. Currently generating 11% plus (gross return), this is your chance to enjoy a great return from a low-maintenance, well-positioned property. Within a short level walk to the Mowbray shopping centre together with all of the services it offers, enquiries are welcome. Tenancy agreements in place until December 2017. - Only ten minutes walk to the Mowbray Shopping Centre - Excellent return - Reverse Cycle heating/cooling x 2 - 251m2 (approx) living area - Low maintenance 580m2 (approx) land - All furniture included - Off street parking for tenants