1103/480 Collins Street, Melbourne, Vic 3000

Are you tired of looking for new tenant?

Are you unhappy of lower rental income?

Are you scare of high body corporate fee, council rates and water rates ?

Ok, this apartment is right for you, don’t worry about anything, just receive Guaranteed Net Rental Income $17,622 per annual, also 3% annual increase. No body corporate fee, council rates and water rates paid by vendor. Enjoy your 6.8% net rental return which is much better than bank deposit. What are you waiting for?

Located in Melbourne CBD No.1 Commercial Collins Street, all the shops and side walk cafes in the old world laneways just on your step. 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.

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 only $228 per quarter maintenance levy at present.

Vendor says sell it. For more information, please contact Stephen Shen on 0468 955 586 or email stephen@royaland.com.au.