$260,000

1 Bed  •  1 Bath  •  0 Car

Main view of Homely apartment listing, 1008/480 Collins Street, Melbourne VIC 3000
Second view of Homely apartment listing, 1008/480 Collins Street, Melbourne VIC 3000
Third view of Homely apartment listing, 1008/480 Collins Street, Melbourne VIC 3000
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Sold

1008/480 Collins Street, Melbourne VIC 3000

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$260,000

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  • 1
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Apartment Sold on Fri 17 Jun, 2016

What's around Collins Street

Apartment description

“Set and Forget Investment”

Located on the bustling Collins Street right opposite Rialto Towers, and a match made in heaven for buyers looking for a low maintenance investment that is safe and secure, this contemporary studio apartment in the 'Oaks on Collins' hotel complex is a CBD winner.

On the top floor and coming fully-furnished, this bright pad is great for investors of all types
while buyers will also receive direct monthly payments from the Oaks hotel. Additionally, 3% CPI increase each year and a 2 x 5 year lease ending 2025.

The apartment itself is stylish and modern, and showcases high ceilings, comfortable living with sofa, study desk, and mounted Hisense flat screen TV, stone kitchen with Fisher & Paykel appliances including an induction cooktop and dishdrawer, sleeping area with handy BIRs, central bathroom, split-system cooling, swipe card entry, lift access, and building amenities including a business centre, communal laundry, adjoining ground level food court, and health club with outdoor lap pool, gym, and sauna.

A short walk or tram to brilliant bars, restaurants, cafes, and shops, Batman Park, Crown Casino with world-class entertainment and restaurants, Southbank Promenade, Docklands precinct, and Southern Cross Station.

Fourth view of Homely apartment listing, 1008/480 Collins Street, Melbourne VIC 3000View more
Fifth view of Homely apartment listing, 1008/480 Collins Street, Melbourne VIC 3000View more

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1008/480 Collins Street, Melbourne VIC 3000
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