This excellent fully furnished studio apartment at ‘Punt Hill Apartments’ offers investors a secure rental return which increases annually with sound potential for future capital growth.

Situated in the heart of Chinatown and on the fringe of midtown theatre district the building also offers access to heated indoor pool, gymnasium, conference room and the famous ‘Tea House’ Chinese Restaurant.

Securely leased to Punt Hill Apartments until November 2010 with further 5 year options returning $12,104pa with 3% annual increases, tenant paying all outgoings which makes this a no fuss, no worries investment opportunity.