904/480 Collins Street, Melbourne VIC 3000

Positioned in the bustling heart of Collins Street just opposite the Rialto Tower, this fantastic studio apartment, which has recently been refurbished, in the stylish Oaks on Collins hotel complex is a tantalizing prospect. Whether you are looking to add to your growing city portfolio or entering the investment game for the first time, this stylish pad has a long-term 5 year lease just been renewed in October and enjoys great rental returns of $17469 per annum return approx. with 3% fixed review every year. Highlights include spacious living and sleeping zone, kitchen with timber veneer cabinetry and appliances, built-in study desk, sleek ensuite bathroom, built-in robes, reverse cycle heating and cooling, and secure card entry. You also have access to the building amenities including a communal laundry, business centre, outdoor lap pool, gym, and sauna. With a food court just next door, you are also near superb CBD bars, cafes, and restaurants, Crown Casino, Southbank Promenade, Batman Park, Docklands precinct, trams, and Southern Cross Station.