Brimming with charm, character and sense of history, this 1-bedroom apartment within the stately Grand Hotel is a rare opportunity for buyers to secure a piece of Melbourne's heritage past with an astute eye on the future.

An imposing period facade, a magnificent foyer and classic staircase make for an enchanting introduction to the building, while fully furnished and recently updated apartment interiors ensure no further work is necessary and rewards can be reaped from the outset.

A split-level layout allows for comfortable day-to-day living, the lounge/dining areas warmed by afternoon sunlight and accompanied by a modern kitchen featuring an electric cooktop, oven and a dishwasher. Upstairs, a loft-style bedroom with mirrored built-in robes steps through to a pristine ensuite bathroom.

A short stroll to myriad lifestyle delights in and around the CBD, from the Southbank Promenade, Crown Casino and world-class dining options, to Etihad Stadium, Southern Cross Station and vibrant business and shopping hubs, it includes central heating/cooling throughout, an onsite cafe/restaurant and communal swimming pool, spa, sauna, gym and BBQ area.

PLEASE NOTE: Minimum of four years as investment only (leased back to Grand Hotel) with option for residence after end of lease period.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.