What a great opportunity to secure this little CBD gem, currently building zoned short stay and has been managed by Mantra Group for many years with good returns for the owner. This studio style apartment presents well and has been owned by the same owner since 2010. Please note the current Lease is due to expire in 17 August 2023 with Mantra group, The complex of owners have now negotiated a new lease with Minor Hotel and they will start commencing the new lease from the 18th of August, further information to be provided. Reasons to buy this apartment: - Building zoned short-stay - Located on level 7 with some City Glimpses - 40sqm internal living - Furnished and self-equipped - Reverse cycle air-conditioning - Strata Levies $830.04 P/Q ( Admin levy $533.03 & Reserve Levy $297.01 ) - Estimated Annual base rent of $21288.87 - 10 year lease secured with Minor Hotel effective from the 18th of August 2023 Call Josh on 0432 183 369 and Don't miss this opportunity to secure this investment opportunity in the heart of the CBD. Disclaimer: This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.