1806/480 Collins Street, Melbourne VIC 3000

Best return available in the building at $20,800 per year net. This is a staggering 7.56% Net return on your investment. With a lease until 2025 and 3% CPI increases this is a solid investment perfect for Self manged super funds or smart investors. This set and forget investment has no annual owners corp fees, council or water rates to pay. Take advantage and be quick as this one will sell fast !!

Conveniently positioned in Collins Street, the most impressive thoroughfare in Melbourne's CBD, this serviced studio apartment is fully-furnished and set in the popular “Oaks on Collins” Hotel. Recently refurbished, the well laid out suite presents an outstanding opportunity for investors seeking a high income yield in a relatively low risk environment.
This property also presents an exciting option for a self-managed super fund's strategy or for self-funded retirees by offering stress-free care with no management, body corporate, council or water rates. The return is simply forwarded to your bank account on a monthly basis.

Superior appointments include designer ensuite bathroom, stylish kitchen zone housing Caesarstone bench, integrated microwave and refrigerator, one-drawer Fisher & Paykel dishwasher, quality stovetop/oven and glass splashback, moveable tables and smart couch.

Your guests will benefit from all the facilities The Oaks on Collins offers including excellent security, concierge, conference facilities, pool and gym all within close proximity to the business and fashion hub of Melbourne, gourmet cafes/restaurants with public transport on the door step.

there is an approx $200 - $300 per quarter maintenance levy
at present.