This is a unit situated in 1411/PS337555 Melbourne VIC. Estimated value at this time is $355,000. In the council area Melbourne, featuring 1 bedroom and 1 bathroom.
SECURE 5+5+5+5 year lease currently at approx. $28,000 pa Commanding a prized position along Russell Street, this outstanding serviced apartment presents an excellent opportunity for investors looking for a carefree investment with a great return. Currently rented out for approx. $28,000 with a 3% increase every year for potentially the next 20 years. The tenant pays for all Body Corporate fees (excluding any levies if any).Showcasing classic contemporary elegance throughout a surprisingly spacious floor plan. The functional open plan layout flows onto a large entertaining balcony overlooking the city skyline.Complete with impressive facilities you would expect from the Mantra Group, just footsteps from boutique shopping at QV Melbourne, Chinatown, a host of transport options and the theatre district.The entrance leads into a generously proportioned living and dining area with an integrated study nook, where down lighting and natural light enhance the sophisticated decor. Step outdoors to the private north facing balcony, covered for all-weather entertaining.With a sleek granite kitchen, stainless steel fixtures including a dishwasher, and ample cupboard space. There is also a superb queen-size bedroom with built-in robes, balcony access and a granite ensuite.Features include a European laundry, ducted air-conditioning, plush drapes and quality carpet. The impeccably maintained building has video intercom entry to the granite foyer, a reception area, pool, gym, restaurant/bar and internal lift access.With a secure lease to the Mantra hotel this apartment is a great buy for any investor.A car space is also available to purchase separately.