ENJOY AN ANNUAL RENTAL OF $50,988

Situated on Level Eighteen and with prime South/West corner positioning, this is a generous two bedroom apartment of approximately 88 square meters with well equipped open plan kitchen with stone benchtops, dining and lounge area leading to a 7 square meter West facing balcony. In addition to this, there are two oversized bedrooms with BIR’s, central bathroom plus separate powder-room and Euro laundry.

The property offers a heated pool, spa, sauna, gymnasium, sun deck, restaurant, bar, and conference facilities. Added to this is security entrance and a prime location in the heart of the Chinatown and theatre precincts on Melbourne.

Currently leased to the Mantra Hotel and receiving an impressive $977 per week, the new owner will have the opportunity to either extinguish the current lease and occupy the apartment from 1st November 2024, or negotiate a further lease term to Mantra Hotel.

This Blue Chip property would be an impressive city residence or a welcome addition to your investment portfolio.

Inspection can be arranged by private appointment.

For further details please contact:
Nick Walters of Kingsford Property – 0438 557 885
[email protected]

Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent.