7.89 NET RETURN! With panoramic views that incorporate the Yarra River, Southbank and the MCG, and stretch over St Kilda to Port Phillip Bay, this generous and pristine fully furnished one bedroom apartment is located in Melbourne's CBD sensationally close to choice lifestyle options.The ideal option for an investor looking to add diversity to a property portfolio, or as a secure starting point for someone new to the property market.Easy walking distance from Flinders Street station, Bourke Street shopping, Crown Casino and a plethora of the cafes, restaurants and bars for which Melbourne is renowned and trams on the doorstep. Additionally, this dwelling is part of the esteemed Mantra Apartments, with facilities including room service, heated pool, gymnasium, luxurious spa and an ever popular restaurant and bar.The well appointed property comes with a wide and inviting entry hall, wall kitchen, spacious living room with dining and lounge facilities, along with a deluxe main bedroom with built in robes. Also included is ducted heating and cooling and a bathroom with a combined shower and bath, speckled granite and vanity with large, bright mirror. A sensational investment opportunity, with the added bonus of securing one of Melbourne's best vistas.Lease Term: Until 2016Options: Four x 5 yearsReturn: $24840 paRental Increases: 5% every second yearOutgoings: $1150.60pa