An excellent opportunity to purchase an investment property with secure and fantastic return of 7.3% approx with a further 4% increase in March 2012.

Prime location on Exhibition Street close to premier businesses on Collins Street, this immaculately presented one bedroom apartment exhibits the best of CBD property investment.

Features eastern aspect light filled lounge and dining with Melbourne’s best hidden club garden below you, spacious bedroom, reverse cycle air conditioning, modern bathroom with separate concealed laundry facilities.

Long term secure lease with Mantra 100 Exhibition, returning approx $20,580 pa net with annual 4% rent increases.

Tenant pays outgoings. All reasonable offers considered.