FANTASTIC FIRST INVESTMENT RETURNING 7.1% APPROX. - PRICED REDUCED TO SELL WITH A POOL, GYM AND RESTAURANT AVAILABLE FOR HOTEL GUESTS, YOU CAN SEE WHY THIS MODERN AND CONVENIENTLY LOCATED CITY HOTEL IS RATED 4.5 STAR AND IS FULLY-BOOKED MOST SATURDAYS! WITH A FANTASTIC VIEW FROM THE HIGHEST HOTEL LEVEL 18, THIS STUDIO HOTEL APARTMENT INVESTMENT PROPERTY WITH BALCONY IS PERFECT FOR FIRST TIME INVESTORS OR THOSE LOOKING FOR A NEW ADDITION TO THEIR INVESTMENT PORTFOLIO. LEASED OUT TO THE HOTEL MANTRA ON A SECURE LONG-TERM LEASE, THIS IS HASSLE FREE INVESTMENT AT ITS BEST.RETURNING A GUARANTEED $1368.75 PCM ($16,425.00 PER ANNUM, AS AT NOV 1ST 2009) AND THE HOTEL PAYS THE BODY CORPORATE. YOU DO THE MATH TO SEE HOW MUCH OF A GREAT INVESTMENT THIS IS.TO ARRANGE AN INSPECTION, DURING THE WEEK, PLEASE CONTACT CINDY GOUDIE ON 0432 086 009.