1907/480 Collins Street, Melbourne VIC 3000

Superbly central location in the heart of Melbourne's premier business district ensure this classy 1-bedroom executive apartment is the perfect addition to your investment portfolio.

Expertly managed by the renowned Oaks on Collins complex and awash with natural light, it boasts a sublime finish throughout, from the kitchenette with granite surfaces, oven and integrated dishwasher, to the neat bathroom behind a frosted-glass wall. With plenty of built-in storage, the bedroom can be closed off for privacy or revealed for extra space, while the living areas steps out to an east-facing balcony taking in the surrounding urban cityscape and magnificent morning sunshine.

Including reverse-cycle heating/cooling and use of the building gym, pool and sauna, its prime position close to transport, dining and laneway boutique shops and cafes equates to fantastic potential capital growth.

Current rental: $20,616 per annum (3% annual increase)
Current option: 1 x 5 years option with further lease options
Owner pays: Maintenance fund of $1,200 per annum
Tenant pays: Body corporate fees, insurance, general maintenance, water usage and refurbishment costs

Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent. Prospective purchasers are advised to carry out their own investigations.