1505/480 Collins Street, Melbourne VIC 3000

Auction Cancelled For This Saturday 25th October 2014, 12PM.

Offering attractive rental returns, the management of a professional group and a great location in the centre of the city's financial and legal district, this studio apartment within the Oaks On Collins complex is a sure-fire winner as a shrewd investment or CBD base.

Boasting an outlook over historic Collins St facades and a backdrop of towering skyscrapers, the bright interiors come fully furnished, comprising a sleeping area that can be closed off for privacy or revealed for extra space, a frosted-glass bathroom, study desk, plush leather couch and chairs, plus a kitchenette featuring Caesarstone benchtops, quality appliances and a breakfast bar.

Enjoying proximity to all amenities and attractions that exemplify the very best of city living, with top restaurants, laneway cafes, world-class theatres, gorgeous parkland and an array of public transport options all nearby, it includes reverse-cycle heating/cooling and use of the building gym, pool and sauna.

Current rental: $18,560 per annum (3% annual increase)
Current option: 2 x 5 years option after current lease
Owner pays: Maintenance fund of $922.72 per annum
Tenant pays: Body corporate fees, insurance, general maintenance, water usage and refurbishment costs.

Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent. Prospective purchasers are advised to carry out their own investigations.