903/471 Little Bourke Street

Melbourne VIC 3000

Apartment

Currently for sale - view listing

Overview

Effortless Investment with Strong Returns

Positioned for both comfort and performance, this spacious, modern apartment offers a rare opportunity to secure a high-yield, set-and-forget investment within a professionally managed hotel environment. Leased long-term to the Mantra Hotel group, the property delivers a reliable annual return of $23,631, representing an attractive 7.4% yield. With the hotel operator managing day-to-day operations, this is a truly hands-off investment ideal for those seeking consistent income without the usual landlord responsibilities. Inside, the apartment showcases a contemporary design with generous proportions and quality finishes throughout. The well-appointed layout includes a sleek, modern kitchen, a stylish bathroom, and a comfortable living space designed to appeal to both short- and long-term guests. Residents and guests benefit from access to excellent on-site amenities, enhancing both the lifestyle appeal and ongoing demand for the property. Key features: Secure long-term lease to established hotel operator Strong net return of $23,631 per annum (approx. 7.4% yield) Spacious layout with modern design and quality finishes Stylish bathroom and well-equipped kitchen Access to premium building amenities Fully managed, hassle-free investment This is an outstanding opportunity to secure a high-performing asset in a sought-after accommodation market-perfect for investors looking for stability, simplicity, and solid returns.