910/480 Collins Street, Melbourne
$220,000
High return and a long term term lease
This investment opportunity is ideally suited to smart investors looking for a high return around 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 $14,575.08 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.
• You do not pay for any owners corporation admin and maintenance fees
• You do not pay for any council rates, water rates
• You do not pay any usage charges for electricity or water
• No late payments on rent – payed monthly on time
• No GST on the purchase price
• 100% occupancy with a long term lease ( 2025 )
• You do not pay for any damage
• Monthly and yearly statements sent directly to you
• No need for a real estate agent or property manager
• Stable returns with yearly 3% increases
Buying or selling in 480 Collins St, Melbourne. Contact Nick Richards on 0404099310
Private Sale
Agents
0404 099 310