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1615/480 Collins St, Melbourne

$300,000

Safe Haven with 6.7% return

Located along Melbourne’s famous Golden Mile is the Oaks on Collins. This ideally situated building is a hub of activity right in the middle of the CBD. This fully refurbished building includes ample facilities including pool and gym, concierge, conference facilities and a five star restaurant.

This investment opportunity is ideally suited to smart investors looking for a high return over 6.7 %. With a long term lease in place until 2025 this is the perfect set and forget opportunity you have been waiting for. With a $20,179.63 yearly return paid in 12 monthly payments this is perfect for SMSF or savvy investors looking for an investment property that provides 100% occupancy. Best of all you don’t even need to pay owners corporation fees, council or water rates. All this together with 3% rental increases per year make this the investment opportunity of the year.

This apartment facing north is a rare opportunity as it includes a spacious balcony with views across the Melbourne Skyline. Inside the fully appointed and recently refurbished studio comes with stone benches, air-conditioning, robes, and fully equipped kitchen. This immaculate apartment is located towards the top of the building and has all the smart traveler could need. Take the opportunity to purchase into one of Australia’s leading Hotel chains and capitalize on this sound investment. Take the time to inspect or ask for a copy of the contract. Call Nick on 0404 099 310

 

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Nick Richards
0404 099 310

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