Lot 614/Unit 611/222 Russell Street, Melbourne VIC 3000

MANTRA ON RUSSELL Studio Apartment - Secured Great Return

Leased to the Mantra Group at approximately 6% rental return per year, this modern and stylish West facing Studio Apartment comes with BIR, bathroom and open style kitchen and lounge area.

Facilities include an impressive pool and gymnasium area. Located in the heart of the China Town precinct of Melbourne and within walking distance to Melbourne's finest Cafe's, Bars, Restaurants and Theatre district, it also has a quality restaurant and bar attached to the building - all making this a very attractive investment.

Current Lease : 5 years starting from Late 2016
Current Rent: $15154.68 annually by 3% increase per year
Body Corporate fee: Paid By Mantra