This fantastic little studio is situated on the 1st floor at the ritzy Hotel Enterprize Spencer Street. Walking distance to Melbourne Exhibition and Convention Centre, Crown Casino & Entertainment Complex, Docklands, Telstra Dome and directly opposite the new Southern Cross Railway Station.Offering a 6.33% return, this is an excellent opportunity for you to add to your portfolio. Currently leased to Hotel Enterprize until 2009 @ $6650 pa with a further term of 3 years following. Great rental increases every 6 months too! As of January 2008, the rental income increases to $7315 pa offering a whopping 6.96% return, followed by another increase in July 2008 to $7980 – That’s a staggering 7.6%return!! And no body corporate fees! What a deal ! Secure tenant, secure return and a popular hotel doing a rawing trade in a great city through constant demand.This fully furnished studio is also located in a quite and tranquil courtyard, featuring quality interior fittings, plenty of natural light, separate bathroom, built in robes, air conditioning, room and laundry service.Donâ™t miss out on this golden opportunity as this will be especially attractive to entry level investors and a great little city pad for the strategically minded investment community to add to your existing portfolio.Call Sunny Lu 0422 060 234 for an appointment today or email sunny@professionalscity.com.au (English & Mandarin) or Craig McIntosh 0431 948 256 email: craig@professionalscity.com.au