Melbourne Apartments for sale

Are you looking for a no hassle property investment, with a long lease and a high rent return, in a premium location?

Spread throughout the impressive Milano apartments will be 53 serviced one and two bedroom apartments. On completion in early 2007, they will be offering a 5.75% gross rent return (indexed to inflation and the market) for up to 30 years, with the freedom of opting out of the lease (conditions apply). Plus purchasers will also benefit from huge stamp duty savings.

A fantastic location. Cosmopolitan Carlton and the heart of the CBD are both only a short ride away, while the site's prominent vantage point offers commanding views. All set within the education precinct of the Melbourne CBD.

Designs are excellent with quality fixtures and finishes throughout, including European stainless steel appliances and hardware.

These apartments will offer the tallest indoor rock climbing centre in the southern hemisphere, a tennis court, an indoor heated pool with spa, a fully equipped gymnasium and sauna, cinema room and entertainment lounge. Plus restaurants, cafés, landscaped BBQ areas, an on site supermarket and an Italian – style piazza.

Based on location, quality of design, the security of an ongoing high rental return and the flexibility of the lease terms you will be hard pressed to find a better investment opportunity in Melbourne.

These apartments can be secured with a cash deposit of 10% of the purchase price with the remaining 90% not due until project completion.

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