Exceptional Bayside Investment Opportunity Returning Approx 14% Gross Presenting an exceptional opportunity to invest in the iconic R Hotel complex, superbly located to enjoy the vibrant atmosphere of the CBD, Waterfront and surrounding parkland, placing you on the doorstep of all the best events and attractions of our city. Showcasing sleek modern design and high-end finishes throughout, this is a unique and affordable opportunity to secure premium bayside real estate in a highly sought after market, offering excellent return. The open plan design features crisp white interiors and clean lines, offering a stylish living space with floor to ceiling glass sliders connecting to a generous balcony. The well-designed kitchenette features stone benchtops, quality Bosch appliances including 600mm oven, induction cooktop, ample storage provisions and incorporates a European laundry. An adjoining study nook contributes to the excellent functionality of this space. The separate bedroom offers a luxurious ambience with stunning soft furnishings, beautiful lighting and built-in robes. The tastefully presented bathroom features floor to ceiling tiles, modern vanity with stone benchtop, spacious shower, high quality tapware and fittings. The apartment comes with allocated parking for one car with secure and convenient entry. Positioned for outstanding accessibility, travel to and from Melbourne via road, rail or ferry, enjoy the stunning scenery, restaurants, cafes and events of the Waterfront, Eastern Park and the Botanical Gardens, within walking distance of Deakin Waterfront, the medical precinct, city centre and Westfield shopping centre, this location offers a wide appeal for anyone looking for inner city accommodation. As Geelong's tourism and commercial presence continues to emerge as one the foremost destinations for work, play and pleasure, now is the time to secure your own piece of the city and reap your future rewards! 2022 - 2023 Gross Return $64,595.