Welcome to IBIS hotel of Little Bourke Street. A fantastic addition to any savvy investor's portfolio. Securely leased and part of the renowned IBIS hotel group this investment opportunity is the perfect cash cow.
Guaranteeing your weekly rental returns through a long term lease until 2018; this property currently returns at $9,703.44 per annum with yearly rental increases based on CPI with all outgoings paid by the tenant apart from the maintenance fund.
The hassle free property also features concierge, security access, study area, cafe, gym, outdoor area and is footsteps from cafes, supermarkets, Southern Cross Station and DFO shops. It is also located moments from Crown Casino and the Docklands waterfront precinct. These apartments sell fast, so get in quick if you want to capitalise on these wonderful investment opportunities.
Please note: This property is a serviced apartment it can't be owner occupied and so is suitable for investors only
Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent. Prospective purchasers are advised to carry out their own investigations.