Imagine your very own magnificent 1 bedroom sub-penthouse apartment with fantastic views of the city skyline and Yarra River located right in the heart of the city!

With truly stunning views over the Yarra River, Federation Square, Melbourne Arts Centre, and Crown Casino. Enjoy the New Year ™s Eve fireworks from your very own balcony!

Located 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 ‘ infact you ™ll be geographically central to absolutely everything!!

This fantastic little Art Deco gem is situated on the 12th floor and in the south-east corner of the popular Unilodge on Flinders Apartments Building which consists of a mixture of residential, student and serviced apartments. The sub-penthouse comprises of 45 sqm, a large 8 sqm balcony, 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 $19,744.35@ (2007-2008 financial year) offering investors around a 6.2% 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 2010, 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.

Please call Stephen Shen on 0434 775 740 (Stephen@professionalscity.com.au ). Inspection by appointment only.

PHOTOGRAPHS SHOWN ARE THE ACTUAL VIEW FROM THE APARTMENT.