Situated on the 6th level, this luxuriously appointed 1 bedroom apartment located in the heart of the city, is approx 55 sqm with a lease term of 7.5 years + a further 7.5 years, followed by two further terms of 5 years.

Currently into the 6th year of the first term of the lease and offering the astute investor a lucrative 4% CPI
growth rate p.a with all outgoings including the body corporate being paid by tenants.

In March 2009, the rent will be increased to approximately $20,529 per annum ($1710.73 per month) based upon the 4% income increase. This will increase the return to approximately 6.2% net which is exceptional in the current market. More importantly, it’s guaranteed and strong.

Mantra at 100 Exhibition Street(cnr Little Collins Street) is in the best part of the city amongst corporate Melbourne, the Arts and is constantly in demand with high degrees of interstate & international business traffic as well as weekend theater goers.

Your investment property is comfortable and secure with Mantra (formally the Saville Hotel Group) and is a far safer option with solid long term capital growth and annual increases as opposed to the volatile share market.

For further details, call Sunny Lu 0422 060 234 or email: sunny@professionalscity.com.au.