402/318 Little Bourke Street, Melbourne, Vic 3000

*Suitable for investment only* Set in an iconic 1800s heritage building is this immaculate strata titled apartment that is currently returning $16,272 PA via a long lease to the Mantra Hotel group. Lock away a consistent dividend stream whilst the lessee pays all outgoings** on the property until November 2019, then there is an additional option of 5 years + 5 years + 5 years to continue the lease. Perfect for your super fund or the high-yield chasing investor this slice of CBD real estate will continue to outperform other investment options. Located just meters to Elizabeth Street, there is a myriad of dining, transport and shopping options nearby. Inspection available by appointment. ** not including any special levies. Nelson Alexander Pty Ltd