OPEN FOR INSPECTION – SATURDAY 29TH MAY 3:30-4PM

Situated on the 2nd floor of the Princess Building is this super large 45 sqm 1 bedroom overlooking Lygon Street.

Currently leased at $1474 and offering a 6.8% return, this is an excellent opportunity for investors wanting to negative or positive gear.

Total annual outgoings approximately $4476. Body corporate, gas, building insurance, maitenance levy and management fee $3568 annually. Council rates approx. $300 pa and water $350 pa.

This apartment comes fully furnished with appliances and extras such as TV and DVD player, generous heating, ceiling fan and a large separate study area, good size fully equipped kitchen and large bathroom.

Oversized living area (for a 1 bedroom!) and gigantic bedroom with enough room for two double beds!

Complete with built in robes, a pleasant westerly view with plenty of natural light and a balcony leading directly off the living area.

Resort style facilities including a giant 25 metre in ground swimming pool, a basket ball court, barbeque area, function room, theatre area, a very well equipped gymnasium and even a Chinese restaurant!!

High level security entrance & reception complete with administration staff and security.

Car parking available for either rent or purchase.

Just a 5 minute walk to Melbourne Uni, RMIT, tram on your front door step going to the city in just a couple of minutes, Lygon Street cafes and restaurants, everything!

Vacant possession also available if required at the end of the current lease (February 2011).

For further details, contact SUNNY LU 0422 060 234 / Email: sunny@professionalscity.com.au

PROFESSIONALS CITY RESIDENTIAL RUSSELL STREET OFFICE – LVL 11/ 180 RUSSEL STREET, MELBOURNE. TEL: 9663 9700.

www.professionalscity.com.au / www.professionals.com.au