This delightful apartment - located in delightful tree lined street and surrounded by some of Melbourne's most expensive homes - offers a brilliant positive cash flow investment opportunity in tightly held building.

Leased at $234 per week (rising to approx $240 per week in May 2013) on a secure lease until May 2015 plus further options, this property will literally be 'printing money' for you each month given that the rental return is significantly higher than bank interest rates.

-council rates only $329 per year
-owners corp fees only $200 per year

Features: first floor position, kitchenette, ensuite bathroom with shower/bath and open plan living/bed area.

A very affordable and hassle free investment which is really a 'no-brainer' for anyone looking to grow their property porfolio in a top class position.

Contact Bryce Carroll 0413377982 for further information