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.

Situated on the 9th 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 $21,447.12 pa ($1787.26 per month) based upon the 4% income increase. This will increase the return to approximately 6.7% net which is exceptional in the current market. More importantly, it’s guaranteed and strong.

There are NO OUTGOING FEES ! BANK GUARANTEE $8,475pa

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.