A prime opportunity in the heart of Melbourne's burgeoning inner-CBD real-estate market, this 1-bedroom, 1-bathroom apartment within the expertly managed Quest on Bourke complex is a secure option where you can sit back, relax and reap the rewards of guaranteed tenancy and great returns with 2.5% annual increase.

Sensationally central location within easy walking distance to Bourke St Mall, Chinatown, the theatre district, Fed Square, the MCG, beautifully leafy East Melbourne Gardens and a vast array of public transport options.

Current rental: $14349.60 per annum
Current option: 1 x 5 years option after current lease
Owner pays: owner corporation fees of $1516.39 per annum, council rates of $674.43 per annum and water rates $520 per annum
Tenant pays: insurance, general maintenance, water usage and refurbishment costs

Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent. Prospective purchasers are advised to carry out their own investigations.

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.