This dual key style 2 bedroom 2 bathroom apartment is located in Melbourne's finest laneway with historic buildings and lively alfresco cafes.

Excellently positioned at the front of the building and overlooking bank place, this apartment offers the astute investor an excellent net return and brilliant future growth prospects.

Leased to Metro Hotel Group as a serviced apartment until 2014 with options until 2024. Current rental is $1563 per month and this amount is fixed with automatic CPI/Inflation increases built in each April.

Apartment features very high ceilings throughout and large period windows, triple brick construction to stand the test of time and double glazed windows. 24 hour conceirge. This is simply a rock solid buildng which is, and will continue to, stand the test of time and appreciate in value.

Open plan kitchen and living area, kitchen features dishwasher, electric stove and euro laundry. Split system air-cond/heating. Bedroom with built in robes and ensuite bathroom. There is a further bedroom and ensuite which can be separated off from the main apartment or they can be used together as a larger 2 bedroom apartment.

contact Bryce Carroll 0413377982 for further information or to arrange a private inspection