{"Slug":"apartment-903-471-little-bourke-street-melbourne-vic-3000","CanonicalUrl":"https://realsearch.com.au/apartment-903-471-little-bourke-street-melbourne-vic-3000","Address":"903/471 Little Bourke Street, Melbourne, Vic 3000","Suburb":"Melbourne","State":"VIC","Postcode":"3000","PropertyType":"Apartment","Status":"For Sale","Headline":null,"Description":"Positioned for both comfort and performance, this spacious, modern apartment offers a rare opportunity to secure a high-yield, set-and-forget investment within a professionally managed hotel environment.Leased long-term to the Mantra Hotel group, the property delivers a reliable annual return of $23,631, representing an attractive 7.4% yield. With the hotel operator managing day-to-day operations, this is a truly hands-off investment ideal for those seeking consistent income without the usual landlord responsibilities.Inside, the apartment showcases a contemporary design with generous proportions and quality finishes throughout. The well-appointed layout includes a sleek, modern kitchen, a stylish bathroom, and a comfortable living space designed to appeal to both short- and long-term guests.Residents and guests benefit from access to excellent on-site amenities, enhancing both the lifestyle appeal and ongoing demand for the property.Key features:Secure long-term lease to established hotel operatorStrong net return of $23,631 per annum (approx. 7.4% yield)Spacious layout with modern design and quality finishesStylish bathroom and well-equipped kitchenAccess to premium building amenitiesFully managed, hassle-free investmentThis is an outstanding opportunity to secure a high-performing asset in a sought-after accommodation market-perfect for investors looking for stability, simplicity, and solid returns.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":318000.00,"Display":"$318,000"},"Bedrooms":"1","Bathrooms":"1","Parking":null,"Features":[{"Name":"Bedrooms","Value":"1"},{"Name":"Bathrooms","Value":"1"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-37.81445585,"Longitude":144.95904784,"Agent":{"Name":"Nick  Richards","CanonicalUrl":"https://realsearch.com.au/agent/nick-richards"},"Agency":{"Name":"Precinct Estate Agents","CanonicalUrl":"https://realsearch.com.au/agency/precinct-estate-agents"},"CreatedAt":"2026-05-04T07:03:07.9246132","UpdatedAt":"2026-05-04T07:03:07.9922858"}