1712/480 Collins St, Melbourne VIC 3000

Defined by its coveted Collins Street address in the heart of Melbourne's cosmopolitan CBD, opposite The Rialto, this stylish studio apartment is perched upon Level 17 of 'Oaks on Collins', a contemporary New York-style security building with exceptional residents' facilities. An ideal first home opportunity, flexible investment or city pad for the owner-occupier, its generous open plan design incorporates fully furnished interiors flowing to a sizeable north facing balcony overlooking the city skyline.

A statement in executive living, it is located steps from laneway cafes and public transport options, and moments from Crown Casino, Southbank restaurants and the theatre district. This outstanding property currently achieves a generous return with options for the owner.

Set beneath high shadowline ceilings and drenched in natural light, the floor plan encompasses a large living area with room for a queen sized bed and an integrated granite kitchen with premium stainless steel appliances including a DishDrawer, full height cabinetry and glass splashbacks. French doors afford access to the private covered balcony with ample room for an outdoor setting, enjoying panoramic northerly city views. There is also a sleek bathroom behind a frosted glass door, which is dressed in floor-to-ceiling polished tiles and has a walk-in shower.

Features include two fixed workstations, built-in robes, split system air-conditioning, openable windows, downlighting, quality carpet and elegant neutral decor. In addition, the refurbished building provides secure swipe card entry, internal lift access, a business centre, an onsite cafe and a Level Three Health Club with an outdoor lap pool, sauna and gymnasium.