1709/480 Collins St, Melbourne VIC 3000

We have had another great result at the Oaks on Collins. Via Auction, sold in 4 weeks ! If you want to achieve the best price in the shortest time frame for your serviced apartment then Call Nick at Dingle Partners on 0404099310.
Coming fully-furnished and a great addition to your growing property portfolio, this bright two bedroom apartment high on the 17th floor of the Oaks on Collins hotel complex is a safe, modern, and secure investment in one of the city's most outstanding locations.
Enjoying excellent natural light and with access to great building facilities, this apartment has an extended lease until 2025, while buyers will receive direct monthly payments from the Oaks hotel with a return of $25032 per annum. There is also a 3% CPI increase each year, as well as a tax depreciation schedule and absolutely zero management fees to be paid.
The contemporary retreat boasts high ceilings, relaxed living and meals with south and west views including glimpses of the bay, stone kitchen with Fisher & Paykel appliances including an induction cooktop and dishdrawer, main bedroom with built-in robes, 2nd open bedroom, central bathroom, reverse cycle cooling, swipe card entry, lift access, and facilities including a business centre, communal laundry, adjoining ground level food court, and health club with outdoor lap pool, gym, and sauna.
Close to Batman Park, Crown Entertainment Complex, Southbank Promenade, Docklands restaurants and shopping, an array of CBD shops and attractions, trams, and Southern Cross Station.