1009/8 Dorcas St, South Melbourne, Vic 3205

Investors Only - Secure long term Lease

An ideal investment opportunity for those wanting a hassle free, low maintenance strata titled apartment with secure monthly income. Under Lease to market leader, Quest Serviced Apartments, this ideally located 1 bedroom apartment is only minutes from the Melbourne CBD.

Currently returning $20,682 pa ($397 / week) on a long term lease, with minimal out goings, NO management fees, No letting fees, NO vacancies (rent is paid regardless of occupancy by Quest), and definitely NO hassles. All the day to day cleaning and servicing of the apartment is carried out by Quest at no cost to the owner.

Quest also pay the annual Body Corporate Administration fee which means a high return on your investment with 4% annual rent increases built in to the lease and market reviews every 5 years.

The apartment features generous living areas with a full kitchen including hot plates, under bench oven, dishwasher and range hood, ample storage space, separate study alcove, full length windows in the lounge offering stunning views to the city, separate bedroom with built-in robes and full ensuite, laundry facilities, north facing balcony, air conditioning and a secure car park on title. The complex also features a newly equipped gymnasium and is only a short stroll to the city tram, local cafe's, restaurants, the Shrine and surrounding gardens. You simply can't beat this location.

For more information, please call Ian Hughes on 0417 300161
or email ihughes@questproperties.com.au