Calling all investors, this easy-care studio apartment is the ideal set-and-forget addition to your property portfolio. With a long-term lease in place for six years and a current rental return of $21,552 per year, you really can enjoy an instant return from day one. The studio layout is light-filled and opens onto a good-size covered balcony, the perfect place to unwind with a cool drink and admire the city views. A sleek and modern kitchen runs along one wall and includes plenty of storage space plus there is a built-in desk, a built-in robe and reverse cycle air-conditioning for complete comfort. A built-in laundry space plus a bathroom complete this low-maintenance apartment. Any investor with a keen eye will be attracted to the impressive 9.57% return on offer while annual CPI rent increases are also included. This quality apartment is located close to shops, restaurants and amenities and is sure to impress a wide range of buyers.