Boasting an impressive gross rental income $22,620 per year from the Oak Serviced apartment locked in until 1st of July 2025 means this brilliantly located apartment is a set and forget investment. Vacant possession available after 3 months notice.
If peace of mind doesn't stop at the remarkable yield you can be comforted by the professional and efficient operation of the Oak's Hotel running the room and the building on a daily basis.
The position puts you next to South Yarra station which is a pre-requisite for all investors and residents alike. Chapel Street Shops and restaurants are not far away with the added bonus of being in walking distance to the Botanic Gardens and Fawkner Park.
With Westerly views towards the city and South Yarra both you and your guests will be blown away. The room is complete with Miele appliances in the kitchen and modern finishes throughout. The apartment comes with the current furniture which is an asset for commanding a high rent.
