LOT 1304/222 Russell Street
Melbourne


$438,000

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Property Features


Balcony
Built In Robes
Ensuite

LONG TERM SECURE SERVICED APARTMENT INVESTMENT OPPORTUNITY


With a secure lease to the Mantra hotel this apartment is an excellent opportunity for investors looking for a carefree long term investment with a great return. (5+5+5+5 lease) Currently rented out for approx. $28,079 pa with a 3% increase every year. The tenant pays for all Body Corporate fees (excluding special levies).

Commanding a prized position along Russell Street, this outstanding serviced apartment (Lot 1304 - Apartment 1301) showcasing classic contemporary elegance throughout a surprisingly spacious floor plan that flows to a large entertaining balcony overlooking the city skyline.Comprising entrance opening into a generously proportioned living and dining area and an integrated study nook. Sleek granite kitchen, stainless steel fixtures including a dishwasher, and ample cupboard space. There is also a superb queen-size bedroom with built-in robes, balcony access and an ensuite bathroom.

Features include a European laundry, ducted air-conditioning, plush drapes and quality carpet. The impeccably maintained building has a granite foyer, reception area, pool, gym, restaurant/bar and internal lift access.

Located just footsteps from boutique shopping at QV Melbourne, Chinatown, a host of transport options and the theatre district.

A car space is also available to purchase separately.

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