814/471 Little Bourke Street, Melbourne VIC 3000
$330,000
Secure Investment Opportunity with a gross yield of 7% - Currently leased for $25,289 per annum.
To enjoy the benefits of a long-term, secure lease with this executive one-bedroom serviced apartment, please get in touch with Sam Fenna on 0437 309 715 The lease offers the following: - Income of $25,289 per annum - The tenant, which is the hotel, is responsible for paying the outgoings. - 12-months: 3% increase - 24-months: 3% increase - Enjoy three nights of accommodation per year. 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.
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