1703/480 Collins St, Melbourne VIC 3000

Another great result for Dingle Partners and Nick Richards. We have consistently been able to achieve result after result at 480 Collins St now for two years. This is the 20th property we have sold in the building in the last two years. If you are considering buying or selling in 480 Collins St then Call Nick now on 0404099310.

Located in a prime location inside the bustling “Oaks on Collins” Hotel this apartment has a great aspect overlooking the beautiful Rialto Building along Collins St. This well equipped studio apartment is larger than most with light filled surrounds, neutral tones and huge windows that take in the Melbourne CBD streetscape. The fully furnished apartment includes an ensuite bathroom, kitchen equipped with oven, cooktop and dishwasher, air conditioning and built in robes. Located in one of Melbourne's busiest hotels this apartment has access to a gym and pool along with onsite conference facilities and concierge. Perfect for self managed super funds or just add to your current property portfolio. The current return is a staggering $20,376 per year or 7.41% net. This effortless investment property has 100% occupancy and you don't even have to pay for the owners corp, council or water rates. Put this together with 3% increases this is a set and forget investment opportunity. If you are after a great return and future capital growth then this is the investment opportunity for you.