SUCCESSFULLY SOLD OFF MARKET
If you're looking for a smart, set-and-forget investment with a strong yield and a blue-chip location, look no further. This spacious two-bedroom, one-bathroom apartment offers a rare combination of high return and low maintenance at a price that simply makes sense.
Where else in Melbourne's CBD can you secure a fully managed, furnished 2-bedroom apartment with a lease in place, amenities onsite, and a gross return of approx. 7%-all for a price that's well below what owner-occupiers or standard apartments are asking?
Why Investors Are Jumping On This:
- Approx. Annual Rent: $22,620 (September Onwards)
- Long secure lease in place
- Tenant (Oaks Hotel) Pays: Council Rates, Water Rates, Owners Corp Admin
Fund, Building Insurance
- You Pay: Maintenance Fund
- Hands-Off Investment: No vacancy risk, no chasing tenants. Oaks handles it all
- Solid Yield: Approx. 7% gross return in the heart of the city
The Apartment:
- Approx. 62sqm with open-plan living
- High ceilings, full kitchen with granite benchtops and premium appliances
- Ducted heating/cooling
- Access to hotel facilities including lap pool, gym, sauna, and dining
The Location:
Unbeatable convenience. Just a short walk to Collins Street, Bourke Street Mall, Flinders Street Station, Crown, and everything else the CBD has to offer.
This is not your typical apartment. It is a fully leased, professionally managed hotel investment backed by a reputable operator. Designed for investors who want to maximise returns without lifting a finger.
In today's market, where the cost of entry for 2-bedroom CBD apartments is soaring, this is one of the best value propositions you will find.
Contact Benjamin Cheah or Alexander George today to lock in an inspection or request an information pack.
"Any reference herein to an internal or external floor size or m2 area & information has been provided to Barry Plant Docklands/Yarra's Edge by a third party. We strongly urge all interested parties to undertake their due diligence before making any property purchase."
