LOOK!! AN ATM THAT NEVER STOPS POURING OUT CASH!! Situated on the 11th floor, this 35 sqm studio one bedroom apartment is bright, spacious and features a practical floor plan with a great north easterly aspect and a spectacular view of the State Library, particularly at night.With its sun drenched north-eastern aspect, this apartment is absolutely perfect if you're looking for a great investment or after the expiration of the current lease, have as a great city pad to either stay during the week, weekends or permanently!!Comprises of an entry hallway, a good size bathroom, separate bedroom with built in robes, a kitchenette with a four plate gas cook top and good size open plan living and dining area.Good secure building with an excellent record of capital appreciation over the last ten years (in some cases up to 120%!!), located directly opposite the State Library, RMIT, QV Village Shopping Centre, Melbourne Central and close to Myers, China Town and the tram is right on your door step so you've got the best of everything.Fully furnished, immaculate condition and currently leased at $365 per week for 12 months which equates into an impressive 8% return.In particular, this is a very good opportunity for investors too with this Art Deco building (formerly TAA Head Office back in the 1970's) and holding an outstanding record for outstanding levels of capital appreciation and popularity given its convenient and central city location.And in terms of rental, there is never a problem finding tenants for anything in this place! This is one of the most popular most sought after buildings in the entire CBD.Current rental income $18,984 pa (8% return) which makes it a great opportunity for investors.INSPECT AS ADVERTISED. CONTACT AGENT FOR FURTHER DETAILS.Additional feature/s - ART DECO STUDIO COVENIENTLY LOCATED NEXT TO MELBOURNE CENTRAL..