607/471 Little Bourke Street, Melbourne

ABOUT THE PROPERTY

Bedrooms
1
Bathrooms
1
Car spaces
0
Land size
-
Building size
-
Council area
Melbourne
Year built
1982
Lot plan
607/PS408887 Melbourne VIC
House type
Unit: Standard



HISTORY

Last sold 07/05/2013
$240,000



LISTING DESCRIPTION
as of April 2013

Desirable Investment opportunity Attention all investors looking for a long term investment that offers generous returns.This Lovely and spacious suite is available to buyers looking for a high return on their initial investment.Located at Mantra on Little Bourke this studio apartment offers a generous 7% return on your investment.This exclusive Hotel suite is fully furnished with a guaranteed$1565.80 net per month. The Hotel also takes care of the outgoings so all you do is collect the income.With a secure lease in place, this will give you the opportunity to experience great capital growth as well.The apartment itself is located on the 6th floor with beautiful sun soaked views over the supreme courts.This 42 sq m approx apartment includes a kitchen, separate bathroom toilet, and furnishings.With a strong tourism industry and good prospects for the property market why not invest in both.Inspections by appointment