SPACIOUS 2 BEDROOM BIRDS NEST AT THE TOP END OF TOWN! Situated on the 22nd level, this spacious 2 bedroom apartment in Global Village, situated in the top end theatre precinct gives you the best of both worlds! If you're an owner occupier, the current lease runs out in July and is available with vacant possession so you can move in straight away if you want. Apartment 2207 also features an absolutely fantastic view of the city! Perfect for a first home buyer or the city professional looking for a city pad, or if you're just looking for somewhere to stay on the weekends. Consisting of two good size bedrooms, separate kitchen and bathroom, fully furnished and a very spacious living/dining area complete with air conditioning/heating. From an investment perspective, this apartment is leased effortlessly at an impressive $2128 PCM in rental income and offers a very high 7.4% return gross. This rental income, with the phenomenal Melbourne population explosion, will only continue to go up further and further. Something astute investors should also certainly note is that looking at both short and long term benefits, the current rental income of $25,536 pa. Over the next three to five years will give the high rental demand for apartments in the CBD, past trends and future forecasts. Melbourne not only boasts the much envied accolade of the worlds most liveable city seven years in a row but the continuation of what is now by far the highest population growth rate in Australia - some 160,000 people just last financial year alone and this is certainly a secure indication of the direction of the future market from both a capital appreciative and rental perspective. Also worth noting is the ideal location in the theatre precinct between Exhibition Street and Spring Streets where property values and demand are a tad higher and more desirable than most other parts of the CBD. In addition, This particular building, Global Village Apartments, attracts a lot of consistent demand from both students and professionals alike with its ideal location and convenience so you'll never be without a tenant or an income! Close to all the theatres, all the fancy restaurants of China Town and surrounding streets, universities, Collins Street blue chip precinct and immediate city amenities. Inspections at 1:30 pm to 2:00 pm on 29/02/2020 and 07/03/2020 Contact Sunny on 0422 060 234 / 0434 183 780