This spacious one bedroom apartment is leased to OAKS Hotel until 2016, with further options. Collect each month $2046 ($24,560p.a) with 5% increases every second year. Even if vacant you still collect. An investors dream.

The apartment itself offers stunning views across the Yarra, Southbank and Port Phillip Bay. Superbly presented and maintained.

An investors dream over 8% return on asking price.

OFFERS INVITED.

INSPECT BY APPOINTMENT.

NOTE: not suitable for owner-occupier.