122B/35 Mountjoy Parade, Lorne VIC 3232

Located on the first floor of the Mountjoy building, this tidy studio apartment has a northerly and private aspect overlooking Erskine paddock. A leasehold interest managed by Mantra, the apartment has had a consistent net return of $7,000 per annum over the past 3 years, a very attractive yield in addition to the owner usage privileges of up to 8 weeks a year at the resort.