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814/471 Little Bourke Street, Melbourne VIC 3000

$365,000

Secure Investment Opportunity with a gross yield of 7%

To enjoy the benefits of a long-term, secure lease with this executive one-bedroom serviced apartment, please contact Blake Brewer on 0457 367 069 to arrange an inspection time. As you enter the luxurious Mantra on Little Bourke, it is immediately evident that this boutique-styled hotel offers a premium experience to its guests with well-kept finishings and pride in presentation throughout. The apartment itself offers a large open-plan kitchen, dining and lounge area. A generous bedroom with built-in-robes and ample space for the queen bed. A study nook and modern bathroom with premium tiling throughout. Just moments from some of Melbourne's most iconic shopping destinations; Melbourne Central, Bourke Street Mall, and The Emporium as well as eateries along Hardware Lane and China Town to satiate your every need. The lease offers the following: - Income of $25,289 per annum - 12-months: 3% increase - 24-months: 3% increase - Enjoy three nights accommodation per year.

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