Solid returns, refurbished and a brilliant location ensures this studio apartment makes for a smart investment in the absolute heart of bustling Collins Street. Expertly managed by Oaks On Collins, the stylish fit-out extends to leather furniture, modern appliances and quality bedding, and is complemented by full use of the complex recreational facilities. Surrounded by Melbourne's premier legal and financial institutions, it presents an immensely appealing accommodation option for both business and pleasure travellers for its proximity to thriving retail hubs, world-class cuisine, the Southbank district by the Yarra River, Crown Casino entertainment and an array of public transport. A suave city pad set to boost your portfolio, this is definitely worth a close look.
- Guaranteed rental income $16661.44 per annum, with a 3% rental increase every year in October.
- Outgoings of $1000 per annum approx.
- Floor to ceiling windows
- Current term till Oct 2020, with option 5 years renew till 2025.
- Caesar - stone kitchenette with an oven and electric cook-top
- Reverse-cycle heating/cooling and use of the building gym, pool and sauna
