1616/480 Collins Street, Melbourne VIC 3000

Currently Leased to Oaks on Collins
Rental: $23,575.87 p.a. (8.0% return on asking price approx.)
Lease: The lease is flexible if you want to owner occupy either party can give 90 days notice to vacate. It also allows you to stay for short period of time as owner occupy and they will pro rata the rental income.

Outgoings:
Council Rates: $256.5 per quarter approx.
Water Rates: $184.27 per quarter approx.
Owners Corporation Fees: $961 per quarter approx.

Maximizing space with a sleek open-plan design, this stylish studio apartment is ideal for modern professionals seeking a city base or a smart investment. Located within the Oaks on Collins complex, residents enjoy access to premium amenities, including a fully equipped gym, pool, and sauna. Positioned in the heart of Melbourne's vibrant CBD, this residence offers effortless access to iconic attractions such as Bourke St Mall, QV, Melbourne Central, Southern Cross and Flinders St Stations, Federation Square, Queen Victoria Market, Crown Casino, and the Yarra River.

* Open-plan living, dining, and kitchen with a dedicated bedroom zone featuring built-in robes
* Well-appointed kitchen with stovetop, oven, and integrated dishwasher
* Stylish bathroom with shower, vanity, and toilet
* Split-system heating and air conditioning for year-round comfort
* Access to on-site amenities, including a gym, pool, and sauna
* Prime location within walking distance of Melbourne's best shopping, dining, and entertainment
* Conveniently close to major transport hubs, including Southern Cross and Flinders Street Stations

Please contact either Cici on 0452 631 220 or Wing 0434 562 662 for an inspection ASAP.