$227,000

1 Bed  •  1 Bath  •  0 Car

Main view of Homely apartment listing, 208/60 Market Street, Melbourne VIC 3000
Floorplan of Homely apartment listing, 208/60 Market Street, Melbourne VIC 3000
Second view of Homely apartment listing, 208/60 Market Street, Melbourne VIC 3000
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Sold

208/60 Market Street, Melbourne VIC 3000

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$227,000

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Apartment Sold on Wed 20 Jan, 2016

What's around Market Street

Apartment description

“"An Investment Too Good To Be True "”

Set and Forget Investment, Not to be missed… More than 7% return.

What a great investment opportunity, fully furnished CBD Apartment situated within the busy and vibrant 4.5 Star Oaks on Market Building.

This is a secure investment with a long term lease till 2036.

-NO Body Corp
-NO Property Manager
-NO Furnishing Required
-NO Rates
-100% Occupancy
- Rental Increases: 5% increases every 2nd year of the lease

With a rental of $15,756 a year which is more than a 7% return this serviced apartment is perfectly suited to buyers looking for a high regular return or to add to their SMSF.

Surrounded by a plethora of pulsating city attractions, and positioned in a quiet Market Street pocket, this fully-serviced studio apartment within the 4.5-star Oaks on Market hotel complex represents a brilliant investment opportunity with an outstanding $15,756 a year with a Rental Increases: 5% increases every 2nd year of the lease. This investment opportunity is optimized by 100% occupancy so there's no late rents, no owners corp fees, no rates and the hotel is responsible for any damage. Basically this is a set and forgets investment property with a guaranteed income stream for years to come.

Do not hesitate to call me for more information or to arrange a private inspection.

Property features

toilets

Toilets: 1

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Contact the real estate agent

Mark Reuben

Pagan Real Estate

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208/60 Market Street, Melbourne VIC 3000
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