EXCELLENT INVESTMENT 6.6% NET RETURN EXCELLENT INVESTMENT 6.6% NET RETURNEXCELLENT OPPORTUNITY TO ACQUIRE THIS LARGE APARTMENT IN SOUGHT AFTER PARIS END OF COLLINS STREET (OPPOSITE THE REGENT THEATRE), IN BOUTIQUE 1915 HERITAGE BUILDING.NEWLY REFURBISHED AND RETURNS A GUARANTEED RENT OF $1424 PER CALENDAR MONTH WITH ANNUAL CPI RENTAL INCREASES. CURRENTLY LEASED TO QUALITY TENANT QUEST ON COLLINS UNTIL DEC 2008 WITH THREE 5 YEAR OPTIONS. ALL USUAL OUTGOINGS PAID BY THE TENANT AND OWNER CAN ALSO OCCUPY FOR 30 DAYS OF THE YEAR. WITH AN UNBEATABLE LOCATION, UNIQUENESS OF HERITAGE LISTED BUILDING, HIGH RETURNS AND NO VACANCY; THIS IS SURELY ONE OF THE BEST INVESTMENTS IN THE CITY. BE QUICK AS THIS WONT LAST LONG.