Commanding a prized position along Russell Street, this outstanding serviced apartment presents an excellent opportunity for investors looking for a carefree investment with a great return. With the Mantra Hotel paying your owners corporation fees you receive an amount of $24,691.44 NET per annum.

Showcasing classic contemporary elegance throughout a surprisingly spacious floorplan. The functional open plan layout flows onto a large entertaining balcony overlooking the city skyline.

Complete with impressive facilities you would expect from the Mantra Group, just footsteps from boutique shopping at QV Melbourne, Chinatown, a host of transport options and the theatre district.

The entrance leads into a generously proportioned living and dining area with an integrated study nook, where downlighting and natural light enhance the sophisticated decor. Step outdoors to the private north facing balcony, covered for all-weather entertaining.

With a sleek granite kitchen, stainless steel fixtures including a dishwasher, and ample cupboard space. There is also a superb queen-size bedroom with built-in robes, balcony access and a granite ensuite.

Features include a European laundry, ducted air-conditioning, plush drapes and quality carpet. The impeccably maintained building has video intercom entry to the granite foyer, a reception area, pool, gym, restaurant/bar and internal lift access.

With a secure lease to the Mantra hotel this apartment is a great buy for any investor.