Superbly presented north facing studio apartment securely leased to Mantra Hotel until 2013 with three 5 year options thereafter. Returns to owner a net $7,000 per annum approx. Facilities include pool, gym, restaurant. Brilliantly located within walking distance of all Melbourne' major sporting events, CBD, Fitzroy Gardens.

Not suitable for owner-occupier, but a little gem for the investor to add to their portfolio.

Inspect by appointment or as advertised.