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903/471 Little Bourke Street, Melbourne, Vic 3000

$293,000

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 8% 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. 8% 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.

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