Possibly one of Melbourne’s most attractive serviced apartments in the Old Money Order building, circa 1890′s. Located opposite the old GPO, next door to Myer.
Comprises: living/dining area and large separate bathroom downstairs and spacious bedroom (BIR) on mezzanine. A full width terrace to the west adds further appeal, offering superb views across the city rooftops.
Annual net income of approx $20,500 per year, leased to Breakfree Hotel until Nov 2009, with their option of three further 5 year terms. Structured annual rental increases.
Reliable income, strong tenant, in National Trust classified building.
NOTE: Not suitable for owner occupier.
Under instructions from PKF Chartered Accountants and Business Advisers.
AUCTION TO BE CONDUCTED AT OUR HARDWARE LANE OFFICE.