39 LONSDALE STREET, Melbourne, Vic 3000

Just fresh on the market, this 23rd floor two bedroom apartment featuring fantastic views is looking for a new owner!

Fully furnished and securely leased for 12 months until March 2014, this little gem offers not only a convenient city address which is central to everything, but it also offers buyers the flexability of either investment or owner occupation with no occupancy restrictions.

Currently leased until April 2014 at $23,040 and offering investors a whopping 9.2% return ($443 per week) this apartment produces excellent and consistent cash flow. Outgoings approximately $5000 pa equating into approximately 7.2% net return for investors.

Measuring up at approximately 40 sqm and fully furnished with a great easterly view, this apartment may be leased or lived in by anyone at all with no restrictions on owner occupation.

Perhaps you're looking for a city pad for when you're working in the city during the week, or a weekender for when you go to the theatre, or something for the kids to use while they're studying at uni, this apartment is perfect.

Located at the top end of town near Spring Street (theatre Precinct) and close to China Town, Collins Street, Princess, Comedy and Her Majesty's theatres, Exhibition buildings and gardens, Fitzroy Gardens and QV Shopping Village.

INSPECT AS ADVERTISED. CONTACT AGENT FOR FURTHER DETAILS.