801/471 Little Bourke Street, Melbourne VIC 3000

This sought after building is close to some of Melbourne's best attractions. Located in a quiet part on Melbourne but only moments to the action the apartment complex appeals to savvy investors.
This set and forget apartment is the perfect addition to a robust property portfolio with high return, no management fees and 100% occupancy. Lease to the Mantra Hotel a seasoned and reputable operator unit 2024 with a further 3 x 1 year terms this is as secure as it gets!

Fully furnished and with brilliant space, this open plan, vibrant apartment features generous living and meals zone with a mounted flat screen TV, deluxe kitchen with appliances including a microwave, bright bedroom and large bathroom with separate shower and bath plus a laundry with washer dryer. Extra features include 24-hr reception, ground floor restaurant and bar.

Perfect for an investment this apartment has a lease with a return of 21,970.39 per year. Outgoings are minimal at approx $2500 per year ( owners corp maintenance, council and water rates ). This property is very sizeable at approx 58 sqm. In the future the apartment could even be converted to a two bed as it has a large open plan space. Currently configured as a large one bedroom.