1616/222 Russell Street, Melbourne, Vic 3000

Sold: $195,000 (07-23-2012)

1616/222 Russell Street, Melbourne, Vic 3000 3000
SOLD
  • hotel 1
  • hot_tub 1
  • directions_car 0

Mantra On Russell
- Please Note: This property IS NOT suitable for owner occupiers
- Strictly investment buyers only
- Set and forget type investment property
- Perfect for investors wanting consistent no fuss long term returns
- Securely leased to Mantra Apartments on a 5 x 5 x 5 lease - Current lease commenced Dec 2011
- Studio Apartment of 31 sqm's approx
- High Return: $15,771.48 Low Outgoings: $1254.98
- 3% annual increases
- Potential 7% NET return
Perfect location positioned right in the heart of Chinatown
NOTE: Not suitable for Owner Occupation - Investment property only
Inspections: Strictly by Appointment

PHOTO ID REQUIRED AT ALL INSPECTIONS
PLEASE NOTE: Open for Inspection Times and Property Availability is subject to change or cancellation without notice.