222 Russell Street, Melbourne, Vic 3000

Secure 7.16% return ( $ 23437 per annum ) and a solid 6.74% net
Generous 3% annual rent increases
Further 7.38% and a 7% net return in first year and 7.6% in second year from November 2007
Secure 10 x 5 x5 x5 lease.
Huge 62.5 sqm 1 BR with 7 sqm balcony in Saville Hotel.
Good city views with easterly aspect.
Security Car park on separate title.
Body Corporate fees paid by tenant.
Fantastic facilities including indoor heated pool, Gym, Spa and Sauna.
Excellent Cash Tree opportunity for Clever Investor.