Positioned on the 15th level of the Mantra on Russell, this large luxury two bedroom apartment offers the astute investor a secure long term lease and high return.

Currently producing an excellent income of $34,232 pa with 3% annual increases guaranteed, this apartment offers you a solid 6.8% return.

Outgoings are minimal with no body corporate fees payable by owners at all. Council and waters rates of approximately $1876 annually are the only fees.

A secure 25 year lease with the Mantra (formally the Saville Hotel) guarantees a rock solid income, return and the obvious tax advantages of negative gearing that are available for investors.

Car park on separate title.

Perfect for superannuation and excellent capital appreciation in a market where apartment such as this are becoming harder and harder to find.

For further details, contact Sunny Lu 0422 060 234 or Craig McIntosh 0431 948 256 or email: sunny@professionalscity.com.au / craig@professionalscity.com.au.

PROFESSIONALS CITY RESIDENTIAL RUSSELL STREET LVL 11/180 RUSSELL STREET, MELBOPURNE. TEL: 9663 9700.