101/135 City Road, Southbank VIC 3006

Located at the Heritage part of the WRAP Tower.

The apartment is leased until 30/06/2024 - $1520 per calendar month

EASY INVESTMENT WITH STELLAR RETURNS

The lease will end on 30/06/2024 - the buyer will have all the options open.



Southbank's landmark WRAP complex (completed in 2014) sets the scene for this first-floor serviced apartment delivering an impressive rental yield of approx 18K per annum - that's nearly 6%! The light-filled interior comprises one double bedroom (with BIRs) and stylish ensuite bathroom, a stone-top kitchen


with Smeg cooking appliances, lounge/meals area and a balcony with a city-skyline outlook. Other features include Daikin split-system heating and cooling, integrated laundry facilities, plus residents' pool, sauna and gymnasium, an entry foyer with a concierge and 24-hour security. Moments from riverside restaurants and shopping center, walking distance to Queensbridge Street/Sturt Street trams, casino precinct, Kings Domain, Royal Botanic Gardens, and the CBD, as well as easy access to City/CBD

Located in the most convenient precinct of South Bank accompanied by Crown entertainment complex, Yarra river, Botanic garden, Arts centre, and public transport only minutes away, this stylish modern apartment at building WRAP consists of quality-built units with cutting-edge facilities that inspire contemporary urban living. Heating and cooling, secure entrance, high-class restaurant and cafe on-premise. Also enjoy the resort-style facilities including a pool, sauna and gym.