Located within walking distance to Balaclava Station and the vibrant Carlisle St shopping and dining precinct is the perfect first home or investment property. Situated on the ground floor in a small block of only 12 apartments the property features, timber floor boards, parking on title, private courtyard and a secure lease in place achieving $380 per week. With a 5.5% rental yield and all outgoings coming to approx. $2,732 per annum this property makes complete sense.