The superb apartment, on the sixth floor with north, west and south aspects and looking over historic Bank Place, offers a brilliant investment opportunity.

- Leased to Metro Hotel Group as a serviced apartment on a long term lease (current term expires 2013, with 2 x 5 year options thereafter)
- Currentl rental is $21,321pa (paid monthly) with annual CPI increases
- Never have to worry about finding tenants, vacany or estate agents fees
- guaranteed/fixed rental - no hassles and no months going by with no rent
- the tenant even pays the body corporate fees and water rates!

this light filled, quiet apartment features:
-open plan kitchen and living area.
-split system heating/cooling
- large period windows and very high ceilings
- solid brick construction, built to last centuries
- on site reception/lobby
- dual key style layout with the abiliy to lease as two seperate apartments in future
- 2 bedrooms, 2 ensuite bathrooms

inspect by private appointment (mid week inspections only)
Bryce Carroll 0413377982
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