1709/222 RUSSELL Street, Melbourne, Vic 3000

MANTRA ON RUSSELL

Apartment 1709 Plus Car Park

222 Russell Street, Melbourne

PLEASE NOTE: THIS IS FOR THE ASTUTE INVESTOR ONLY - NOT FOR OWNER OCCUPATION

Situated on the 17th floor, and on the Southern side of the building this is an outstanding fully furnished one bedroom apartment of 65 square meters in addition to a 7 square meter balcony commanding superb city views and is returning a massive $539 per week.

This apartment also comes with one secure car park on title.

* A superb landmark location
* No vacancies,
* No leasing or rent collection fees
* No body corporate fees or general maintenance costs

The "Mantra on Russell" is an outstanding property investment opportunity.

Located at the top end of Melbourne, this brilliant apartment is of the highest quality and offers individuals the opportunity to secure a rewarding and trouble free investment.

Securely leased until 2011 with further options.

Current rent: $28,106 per annum ($2,342 pcm)
(With 3% annual increases between Market Reviews)

Return: 7.1%

Options: 3 x 5 year options

Outgoings:
Owner: Council and Water rates - $1,300 per annum (approx)

Tenant: Body corporate fees, Insurance, General maintenance and Water usage

For further enquires, and to arrange a private inspection, please contact the agent

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.