Imagine your very own magnificent 1 bedroom penthouse apartment with truly stunning views over the Yarra River, Federation Square, Melbourne Arts Centre, and Crown Casino,located right in the heart of the city!

Directly opposite Flinders Street Station and just a few moments shops, cafes, restaurants, Crown Entertainment Centre, walking distance to Federation Square, RMIT, Victoria Uni, 5 mins on the tram to Melbourne Uni from your door step. In fact you’ ll be geographically central to absolutely everything!!

This fantastic little Art Deco gem is situated on the 13th floor, south- eastern facing. comprises of 43sqm, fully furnished with lounge suite, double bed, dining table, TV, fridge and microwave.

Downstairs, the air conditioned games rooms featuring BIG TV, pool and table tennis tables and reading lounges are all available for your personal use at anytime.

No body corporate fees, council rates or outgoing fees payable by investors. Currently let approx $17500@ (2008-2009 financial year) offering investors around a 6.1% net return. This is an excellent opportunity to buy an investment that not only offers you a good solid yield that will continue increasing but capital appreciation as well.

Vacant possession is also available in January 2011, this apartment is absolutely perfect for a professional looking for a quiet city pad or if you re a first home buyer looking for that first property.