411/471 Little Bourke Street



Property Features

Property ID: 3341241

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 just a stones' throw from 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 on 31/03/2023 with 3 further terms of 5 years each.

Returning $19,691 p.a with annual increase.

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.

Please note that Dixon Kestles Office is currently closed for the safety of our staff and clients, due to the COVID-19 outbreak. If you have a property related emergency during this time, please contact 03 9690 3488 and listen to our after-hours message for contact details.