1/48-54 Wellington Parade, East Melbourne VIC 3002

Nett $12,961 P.A. - 6.5% Return A prime investment opportunity with hassle-free returns awaits! This high-quality property, managed by Quest, guarantees a long lease with 4% annual growth and fixed annual rental increases. Priced to sell, this securely leased property is perfect for savvy investors seeking a secure term income stream. Located in East Melbourne, this one-bedroom, one-bathroom apartment features a living area, kitchenette, and a rooftop terrace with city views, making it an ideal investment property. Fully furnished, this apartment provides a perfect entry-level opportunity, attracting 6.5% rental returns and ensuring strong future growth and security. You won't find a better return - even from the bank! With the perfect blend of financial security and growth potential, what are you waiting for?