1612/60 Market Street, Melbourne (CBD) VIC 3000

INVESTORS ONLY

Refurbished recently, so depreciation advantages remain a factor. Building offers pool, gym, concierge foyer and conference facilities with an extensive piazza complete exceptional surroundings in the very heart of the CBD.

This apartment is fully furnished, leased to the Oaks group, and run as an apartment hotel.
Offers investors the security of a long term lease with options and minimal outgoings.

Lease Term: Until 2016
Options: 4 x Five years
Return: $15,800 pa (approximately)
Rental Increases: 5% every second year

Tenant pays for Owners Corp Fees, Council Rates, Water Rates, Insurance, and General Maintenance.