715 Jolimont Road
East Melbourne


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Under Instructions From The Mortgagee


Anticipated 8-9% Return!!
Looking for an addition to or to start your investment portfolio? Here is your chance to own a securely leased studio apartment in East Melbourne.
Part of the Jolimont Mantra Hotel, these seventh floor apartments are leased until 31 August 2009 with 4 further terms each of 5 years.
Returning $8,450 & $12,200pa respectively. Each property comes fully furnished and features a living area with a northerly outlook, shower and foldaway kitchenette equipped with tea making facilities, microwave and bar fridge. The properties have ducted air-conditioning throughout and enjoy communal facilities such as a gym, outdoor pool and laundry within the building.
Brilliantly located, the properties are within walking distance to the MCG, Hisense Arena, Birrarung Marr, Fitzroy Gardens and the Paris end of the CBD.

Airport - close, Built in robes , Church - close, Dining room - formal, Dishwasher

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