High Cash Return ($34,408 pa) and Attractive Structured Rental Increases Suitable only as an investment this fully fitted two bedroom corner apartment with stunning city, Yarra and bay views is a 'must' inclusion for the property investment portfolio. With an annual return of $34408.68 pa ($2867.39 per month) and long secure lease this serviced apartment offers a steady income stream & secure future.An opportunity to buy a property which actually pays for itself! Apartment features light filled living and lounge area with large windows, two spacious bedrooms with built in robes, formal entrance and study area, modern bathroom and kitchen, ducted heating and cooling.Lease Term: Until 2016 Options: Four x 5 years. Rental Increases: 5% every second year.Outgoings: approx. $402 pq.Tenant pays for Owners Corp Fees, Council Rates and Water Rates.Building offers pool, gym, concierge foyer and conference facilities with an extensive piazza complete exceptional surroundings in the very heart of the CBD.