202/318 Little Bourke Street
Melbourne


CONTACT AGENT

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Property Features


Property ID: 3324132

Floor Area
35 m2

PROFESSIONALLY MANAGED, PRIMELY LOCATED


Over 6.5% Net Return

Here's one to silence those who say they can never find an outstanding investment property. If this doesn't satisfy you, we doubt anything will!

This fully self-contained one bedroom apartment presents as a great investment opportunity and features a good sized bedroom, large modern bathroom, fully appointed kitchen, with air conditioning and heating throughout and located opposite H & M retail store - Melbourne GPO.

Your investment is protected by its superb location, steady returns with a very reputable tenant - Mantra Hotel Group. For the investor, this is a straight forward and easy property to have in the portfolio that provides peace-of-mind and loads of potential.

All outgoings are paid for by the tenant except special levy.

Lease expires 19/11/2019 with 3 further terms of 5 years each.

Currently Returning $17,566.68 p.a with CPI increase.

Disclaimer:
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers/lessees are advised to carry out their own investigations.