Wurley

*** Please note: This is a hotel Investment only, and cannot be owner occupied. There are no provisions in the lease agreement for you to stay in this apartment***, , The current lease expires in 2027, with two additional five-year extension options available to the hotel, making a likely lease expiry in 2037, , - Currently leased for $23,940 per annum. , - Owners corporation fees: $1022 per quarter, approx. , - Council Rates: $1235 per annum, approx. , - Water Rates: $737.49 per annum, approx. , , - Gross Return: 7.6% approx. , - Net Return: 5.67% approx. , (Figures based on a sale price of $315,000) , , , Available to inspect via private appointment, subject to availability with the hotel bookings. , , Please call Sam Fenna on 0437 309 715 to discuss further. , , Seize this rare opportunity to own a stylish apartment in the vibrant Flinders Lane, securely leased to Punthill Apartments. This hassle-free investment offers guaranteed rental returns, professional management, and a sought-after CBD location surrounded by world-class dining, shopping, and entertainment., , With high, consistent income and zero vacancies, this is the perfect set-and-forget investment for savvy buyers looking to maximise returns in a premium Melbourne hotspot.