Stunning Studio-7.4% return approx. This fully fitted studio apartment is a 'must' inclusion for the property investment portfolio. With an annual return of $16,000.00 approx. and long secure lease this serviced apartment offers a steady income stream & secure future.Apartment features light filled living and lounge area with large windows, modern bathroom and kitchen, ducted heating and cooling.Lease Term: Until 2016 Options: Four x 5 years. Rental Increases: 5% every second year.Tenant pays for Owners Corp Fees, Council Rates, Water Rates, Insurance, and General Maintenance. Owner only pays Maintenance Levy of $250 pq.Building offers pool, gym, concierge foyer and conference facilities with an extensive piazza complete exceptional surroundings in the very heart of the CBD.