Massive 9.5%pa yield
Realisation Sale
Situated in the heart of Melbourne, in one of the most vital, exciting and eclectic neighbourhoods of any city in the world with its glittering night sky and sparkling riverside arts and entertainment precinct, you will find this exceptional commercial and residential building.
The brilliant design of Gallery Towers sets the standard for this exceptional 1 bedroom apartment with car space on title.
Situated in the trendy serviced section of the Mantra Hotel, this fully self contained serviced apartment presents as a great investment opportunity. Featuring a good sized/spacious bedroom, large modern bathroom, European laundry, fully appointed kitchen, with aircon and heating throughout. With Stunning views over Melbourne's most picturesque landmarks, including the Arts Centre, Yarra River, MCG, and the Shire among others, this apartment is worth inspecting on views alone. Access to the hotels large lap pool and spa, gym and sauna complete the package.
With the lease commencing Jan 2012 for 5 years (plus options) returning $24,241.86 net pa this inner city pad offers a MASSIVE 9.5% return with no...show more