123B/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 had a net return of just under $7,000 last fin year, a very attractive yield in addition to the owner usage privileges of up to 8 weeks a year at the resort.