CBD Cash-cow, near 9% yield
Unencumbered by long term hotel leases, and the flexibility to increase rental yield makes this an ideal investment. Currently performing above market expectation with gross yield of near 9%.

Located in a growth pocket of Flinders Street, only a short stroll to Southern Cross Station, Coles, DFO, Melbourne Aquarium, Melbourne Exhibition Centre and of-course, the Crown Entertainment precinct. A seasoned performer throughout the years, paying homage to the adage, location, location, location!

Tightly held by the owner since inception, this first-time opportunity presents itself to any astute investors. Also affordable for first-time buyers looking to owner occupy now and rent out later.

Please contact agent to secure an inspection.
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Property Details
Property Type Studio
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agent_1
Vincent Duong
Sales Manager-Licensed Estate Agent
agent_2
Don Gallicchio
Managing Director

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