109/185-191 Lennox Street, Richmond VIC 3121

*INVESTORS ONLY* This centrally located apartment offers a stylishly appointed interior compromising of a fully equipped kitchen with stone bench top, high quality furnishings, generous sleeping quarters, separate bathroom, laundry facilities, central heating/cooling and a lounge area. The complex offers an indoor gymnasium and secure entry. Positioned within walking distance to Richmond's retail boutiques, cafes, restaurants and bars, this is ideal for the astute investor. Melbourne's CBD and Sports and Entertainment precinct is also within walking distance or a short tram ride away. The apartment is presently leased to the Adara group at $2089.6pcm until November 2020 with 4 further terms of 5 years. The lease currently has 4% rental increases giving an investor a peace of mind.