A fantastic investment in "Franklin Central Apartments" with a high guaranteed fully managed and secured lease returns until 2022. Low outgoings and depreciation benefits.

This two bedroom, 1 bathroom, fully furnished apartment conveniently located between Waymouth and Franklin Streets, is just a short stroll to Central Market, Victoria Square and Rundle Mall.

Feature benefits include:

• Boutique apartments with niche clientele
• 62sqm of living space approx.
• $15,552 per annum on a secure, long term lease ($1,296 per month)
• Annual rent increase (CPI/as agreed per lease)
• Depreciation on refurbishment and plant and capital allowances
• Building write off allowance per annum
• Discounted stay in the hotel
• New cafe in foyer
• Nestled in quiet lane off Franklin Street (Bentham Street)
• Dishwasher & Microwave
• High speed internet
• LCD TV
• Foxtel
• Conference facilities