Investors seize this rare opportunity to tap into Melbourne's lucrative tourism and business travel market with this one-bedroom serviced apartment in the boutique Blackman Hotel, set moments to the Southbank entertainment precinct and Melbourne CBD. -- 8.3% rental return with 3% CPI -- Spacious open-plan living/dining area opens to covered balcony -- Balcony features elevated St Kilda, park and Albert Park Lake views -- Modern galley-style kitchen with stainless steel microwave oven -- Main bathroom with frameless glass shower and floor-to-ceiling tiles -- Separate bedroom features impressive floor-to-ceiling frameless mirrors -- As-new carpet and ducted air conditioning throughout; wi-fi internet access -- Luxury hotel features on-site gym, 24-hour reception and in-room dining Collect guaranteed returns from this one-bedroom serviced apartment that offers leisure and business travelers five-star accommodation moments to all of Melbourne's major business amenities and tourist attractions. Enter into the spacious carpeted living/dining room that opens to the covered balcony with elevated park, Albert Park Lake and St Kilda skyline views. The modern galley-style kitchen features a stainless steel microwave oven and plentiful storage space, and the immaculate modern bathroom with frameless glass shower and floor-to-ceiling tiles is off the living/dining room through double frosted glass doors. The separate bedroom is also off the living/dining room and impresses with floor-to-ceiling frameless glass mirrors as a feature piece. There is as-new carpet and ducted air conditioning throughout, plus wi-fi internet access and in-room dining. The luxury hotel also features 24-hour reception, an on-site gym and two acclaimed restaurants. Call Pavilion Property on 1300 PAVILION to organise your inspection today.