Property Details: • Type: Studio

• Bedrooms: 1 • Bathrooms: 1

Description: Located on the first floor of the "Kipling" building, this well-appointed fully furnished studio apartment with balcony is a leasehold interest within Mantra Lorne resort. Mantra Lorne is the only beach front property in Lorne, situated within a short stroll to the pristine surf beach and the shopping promenade. The apartment has had a steady net return over the past few years, with a very attractive yield to the asking price. The apartment also has had a new air conditioning system installed recently. The apartment owner has owner's rent-free usage of the apartment, and the enjoyment of the modern resort facilities including indoor heated pool, spa, gym, steam rooms, tennis courts, etc, for up to a total of 56 days each year at the resort. The buyer will have access to a coastal retreat lifestyle at a very low price point. For enquiries please phone: 0448 696 249