510/11-17 Cohen Place, Melbourne VIC 3000
7.22% return or $26,360.09 per year.
Located on Cohen place a historic lane way adjoining China Town. This large one bedroom apartment is the ideal investment with a 7.22% return. With a long lease in place that includes periodical increases of 3% on top of the already great return of $26,360.09 per year make this the perfect set and forget investment opportunity.
Inside this stylish boutique building are a multitude of bespoke designer apartments. Encompassing the Pool and gym the Punt Hill Hotel Cohen place is popular with tourists and business travelers alike. Be part of this thriving business offering stable returns for years to come.
Inside the apartment has a wide entrance hall with a fully featured kitchen adjoining the spacious one bedroom with en suite that includes spa. The living area is comfortable with enough room for dinning and a balcony overlooking Cohen place and historic buildings. This apartment has a spacious feeling and is sure to be a fantastic addition to any property port folio or perfect for first time investors.
Other offerings are – Air conditioning, stainless steel appliances, secure entry and coming fully furnished. Close to everything Melbourne has to offer including sporting precinct, Collins St, China Town, theaters, some of Melbourne’s best restaurants and public transport.
0404 099 310