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.