1203/222 Russell Street, Melbourne

ABOUT THE PROPERTY

Bedrooms
1
Bathrooms
1
Car spaces
1
Land size
3159 m2
Building size
-
Council area
Melbourne
Year built
2000
Lot plan
1203/PS337555 Melbourne VIC
House type
Unit: Standard



HISTORY

Last sold 26/03/2002
$260,000



LISTING DESCRIPTION
as of February 2014

In excess of a 7% return - Gross income of $24,788 net income of $20,336 With a secure long-term lease and guaranteed returns, this immaculate apartment is sure to attract plenty of interest from savvy investors. Nestled in the city centre, it's surrounded by Melbourne's finest shopping, dining and entertainment options, while the Mantra serviced apartments also offers resort style facilities.Boasting unobstructed views of the city skyline and a dual access balcony, this fine apartment also includes a surprisingly spacious living and dining area, as well as an intelligently integrated open plan kitchen. The bathroom features executive tiling and a shower over the bath, while the property also comes with laundry facilities, generous bedroom and split system heating and cooling. Hotel facilities then include a 24 hour concierge and a large pool, spa, sauna and gym, all bathed in natural light by impressive skylights, with an accompanying sundeck ideal for enjoying sunny days.This pristine property, located in the centre of Melbourne and convenient to all the best the city has to offer, is a rare and impressive opportunity. Considering the uncertain economic climate, truly safe and secure investments are few, meaning that this apartment demands considerationPhoto ID RequiredAdditional feature/s - Close to Schools.