1103/480 Collins Street, Melbourne VIC 3000

Conveniently placed just footsteps to world class shopping, cafés, restaurants, Crown Entertainment Complex, tram and Southern Cross Station, and including pool, gym and concierge, this single bedroom apartment, securely leased to the Oaks Hotel group, is the perfect offering for the discerning investor.

A sleek kitchen featuring stone bench tops and gloss finished cabinetry integrating the microwave, dishwasher and fridge, along with a breakfast bar anchors the open living, dining and accommodation spaces, served by a designer detailed ensuite with commercial grade, quality fittings and fixtures, including floor to ceiling tiles. Just set and forget and enjoy a monthly income steam.

• Securely leased to Oaks Hotel group until October, 2020
• Guaranteed Rental Income $18,151.18 per annum, with 3% annual increase.
• Council and water rates paid by tenant
• Owners Corp $338.03 approx. per quarter
• Fully-furnished and set in the popular “Oaks on Collins”
• High yield low risk investment