1616/222 Russell Street, Melbourne, Vic 3000
Sold: $195,000 (07-23-2012)- 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.
Tabbed Data Tables
Nearby
- Surrounding Suburbs
- East Melbourne, VIC 3002
- West Melbourne, VIC 3003
- Melbourne, VIC 3004
- Southbank, VIC 3006
- Docklands, VIC 3008
- North Melbourne, VIC 3051
- Parkville, VIC 3052
- Carlton, VIC 3053
- Fitzroy, VIC 3065
- Collingwood, VIC 3066
- Abbotsford, VIC 3067
- Fitzroy North, VIC 3068
- Northcote, VIC 3070
- Cremorne, VIC 3121
- Richmond, VIC 3121
- South Yarra, VIC 3141
- Prahran, VIC 3181
- Windsor, VIC 3181
- St Kilda, VIC 3182
- South Melbourne, VIC 3205
- Albert Park, VIC 3206