1508/480 Collins Street
Melbourne


$255,000

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Property Features


Property ID: 3292406

Built In Robes
Split System AirCon

Enjoy the Security of an "Oaks on Collins" Investment


Superbly positioned and located within the highly sought after "Oaks on Collins" hotel complex with a secure long term serviced apartment lease returning $18,846.95 approx. per year with 3% annual increases. An ideal opportunity for investors and SMSF buyers seeking a high return of approx 7%.

This spacious modern studio style apartment features stylish open plan living and kitchen area advantaged by a Collins Street frontage and views over the Rialto building. Features include plenty of built ins, study desk, split system heating & cooling, electric cooking, dishwasher and a sleek fully tiled bathroom.

There is also access to the resident facilities including the gym, heated swimming pool, sauna and first floor restaurant.

Located in this brilliant CBD position with tram stops out front, great restaurants, cafes, shopping, entertainment, Southern Cross Station and the very best that Melbourne has to offer within very easy access.

Contact Robert Eggers at Dingle Partners on 0412 329 340 for further details and to arrange a private inspection.