With a secure lease and a further two (2) terms of five (5) years from July 2017 this is a wonderful long term investment only opportunity - Not for owner occupiers.
A fabulous one bedroom apartment on the third floor (Apartment 309 - Lot 310) of a prominent heritage building located in the heart of the city just moments to Elizabeth Street and the Bourke Street Mall. Leased to Mantra and run as a serviced apartment, the property offers astute investors the security of a long term worry free lease.
Currently returning $22,365 PA with Lessee paying outgoings (excluding special levies) this is an ideal choice for your super fund or those looking for a high-yield investment.
Inspection is by appointment only by contacting Robert Eggers at Dingle Partners on 0412 329 340.