809/480 Collins St, Melbourne (CBD) VIC

Leased to the Oaks, situated on the 8th floor, this modern apartment comes with 2-bedroom, central bathroom, and open plan kitchen and lounge area.

The building has an impressive pool, gym and sauna, and within easy walking distance to myriad CBD attractions - from restaurants, theatres and shopping hubs to vibrant laneways and hidden bars - it offers welcome respite, relaxation and a recharge from the bustling street below.

With Oaks offering an excellent rental return, top quality investment property is priced to sell. Currently leased with further options thereafter. Immaculately presented and also with the majority of outgoings paid for by the Oaks this is a worthy addition to your property portfolio.

Current Rent: $21892.92 per annum (approx.)

Annual Increase: 3% annual increase, next increased scheduled in October 2013.

Options: 5 year option after current lease

Owner: Maintenance fund of $341 per quarter

Tenant: Body corporate Fees, insurance, general maintenance, water usage and refurbishment costs.

For further enquires, please call the agent.

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.