238 Flinders Street Street, Melbourne, Vic 3000

Perched up on the 7th floor with a sun drenched view of Southbank is this cosy little 24 sqm fully furnished apartment, located directly opposite the historical Melbourne icon - Flinders Street Station.

The building features a mixture of residential, serviced and student strata titled apartments conveniently located amongst all the shops, cafes and restaurants you could ever want!

Featuring landscape picturesque views of Flinders Street Station and looking across to buildings such as Crown, iconic Eureka Tower and Freshwater Place just to name a few.

24 hour on-site management and security, internet access, key-card security access, a fully equipped business centre, large screen TV and lounge room with pool and table tennis tables.

This apartment is truly perfect for the busy city executive/professional looking for a city pad, or student or even first home buyer.

Currently leased to Unilodge on a continual pool leasing basis as a hotel room, this apartment, while it may be relatively small at 24 sqm, attracts an approximate 6.6% net yield through corporate administrator Pacific East Coast.

This allows for a great investment property that's always tenanted with an extremely high return that increases with CPI and without the hassle of having to pay outgoing fees such as body corporate fees, council or water rates. However, there is a small sinking fund fee of approximately $25 per month which is required to be paid by both investors and owner occupiers alike.

If you choose to live there, you are required to pay approximately $3000 per annum in owner occupier fees which includes body corporate fees, council rates, water rates, sinking fund, building insurance, building security and management.

Call Stephen Shen on 0422 681 108 or Craig McIntosh 0431 948 256 or Sunny Lu 0422 060 234 for appointment to interview this fantastic little apartment.