Residential apartment,solid rental return and minimum outgoing costs. Great location in Southbank, this two bedroom apartment located on the 24th floor, it featuresspacious bright and light open plan living. Private terrace with panoramic views of the bay. Two spacious bedrooms. Modern European kitchen with stainless steel appliances, close to South Melbourne Market, Clarendon Street cafes and public transport.Currently this apartment is leased and under the management by Defence Housing Australia. Rock solid investment. securely leased for 6 years or 9 years optional. No vacancy. No reletting. Low on-going maintenance as the tenant will absorb some of the costs.After the lease is finished, the tenant will repaint and recarpet the apartment, as new apartment condition.Features:Broadband internet accessAir-conditioningInternal LaundrySecure car space, reverse cycle heating and cooling,separate laundry, intercom entry and 24 hour security, resort-style facilities including heated indoor pool,sauna and spa, gym, entertainment terrace and timber sun deck, Residents lounge and Business centre.Additional feature/s - Gas.